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  4. Fall 1998
  5. Globalization, Labor Markets and Policy Backlash in the Past

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Globalization, Labor Markets and Policy Backlash in the Past

  • Jeffrey G. Williamson
Journal of Economic Perspectives
vol. 12, no. 4, Fall 1998
(pp. 51–72)
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Abstract

The late nineteenth and twentieth centuries have many things in common. Both periods recorded fast growth, convergence, and labor-market integration between OECD members. Both periods witnessed intense debate about who gained and who lost from globalization. Furthermore, the earlier period saw a retreat from global liberalism long before the interwar deglobalization disaster. Did globalization of that time plant seeds of its own destruction? Are there lessons for the present?

Citation

Williamson, Jeffrey G. 1998. "Globalization, Labor Markets and Policy Backlash in the Past." Journal of Economic Perspectives, 12 (4): 51–72. DOI: 10.1257/jep.12.4.51

JEL Classification

  • N30 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, and Religion: General, International, or Comparative
  • F16 Trade and Labor Market Interactions
  • F02 International Economic Order
  • N70 Economic History: Transport, International and Domestic Trade, Energy, Technology, and Other Services: General, International, or Comparative
  • F22 International Migration
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