Is More Mobility Good? Firm Mobility and the Low Wage – Low productivity trap Stephanie Seguino

This paper explores the possibility that unregulated FDI flows are causally implicated in the decline in labor productivity growth in semi-industrialized economies. These effects are hypothesized to operate through the negative impact of firm mobility on worker bargaining power and thus affecting wages. Downward pressure on wages can reduce the pressure on firms to raise productivity in defense of profits, contributing to a low wage-low productivity trap. The paper presents empirical evidence based on panel data fixed effects and GMM estimation for 37 semi-industrialized economies, which supports the causal link between increased firm mobility and lower wages, as well as…

Gender Inequality in a Globalizing World Stephanie Seguino

Emphasis on market-friendly contractionary macroeconomic policies in recent years has done little to promote greater gender equality even in the case of the managed-market approaches adopted by the East Asian late industrialisers. This paper therefore argues that gender equitable expansionary macroeconomic and development policies are required, including financial market regulation, regulation of trade and investment flows, and gender-sensitive public sector spending. gender_inequality (Download the full text in PDF format)

Gender, Quality of Life, and Growth in Asia 1970 to 1990 Stephanie Seguino

This paper examines the gender distribution of the benefits of economic growth in several Asian economies from 1970-90. Using Borda rank ordering, we compare the progress made in these countries towards closing the gender gap in well-being. In addition to commonly-used indicators, trends in the ratio of females to males in the population are examined. We explore determinants of changes in this ratio, using regression analysis. life_growth_asia (Download the full text in PDF format)