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Problem
Labour displacement due to import competition
Other Names:
Unemployment due to lower cost production in other countries
Competing labour markets
Broader Problems:
Labour displacement
Import competition from low-wage countries
Vulnerability of economies to import penetration
Related Problems:
Negative effects of relative wage rates on youth employment
Aggravates:
Decline in food production
Reduction of workforce in enterprises
Strategies:
Evaluating effects of world trade agreements on labour standards
Values:
Competition
Competition
Costliness
Displacement
Overproduction
Underemployment
Underproduction
Unemployment
Unproductivity
Subject(s):
Commerce
→
Conditions of trade
Commerce
→
Import, export
Commerce
→
Purchasing, supplying
Industry
→
Production
Social Activity
→
Human resources
Social Activity
→
Unemployment
Social Activity
→
Work
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems
Date of last update
02.10.2019 – 17:03 CEST