Dealing Sensibly with the Threat of Disruption in Trade with China: The Analytics of Intcreased Economic Interdependence and Accelerated Technological Innovation. by Woo, W

“…The latter development produced large productivity gains that enabled the US labor income to rise despite the greater competition from imports, continued relocation of production facilities to foreign countries, and increased immigration into the United States. The outcome from the accelerated pace of globalization and the increased pace of technological innovation is a more frequent turnover in jobs in the US, which translates into increased worker anxiety, and hence increased demand for protection. …”

Dealing Sensibly with the Threat of Disruption in Trade with China: The Analytics of Intcreased Economic Interdependence and Accelerated Technological Innovation. by Woo, W

“…The latter development produced large productivity gains that enabled the US labor income to rise despite the greater competition from imports, continued relocation of production facilities to foreign countries, and increased immigration into the United States. The outcome from the accelerated pace of globalization and the increased pace of technological innovation is a more frequent turnover in jobs in the US, which translates into increased worker anxiety, and hence increased demand for protection. …”