Quantifying the Effects of Labour Sanctions on Trade

John Whalley and Randall Wigle

Chapter 9 in Global Trade and European Workers, 1999, pp 199-209 from Palgrave Macmillan

Abstract: Abstract In this chapter we present some preliminary and illustrative calculations of the consequences of trade sanctions against low-income countries. The main theme is that the impact of actions against low labour standards (or poor enforcement) have the unintended effect of depressing wages, particularly if actions are focused on labour-intensive sectors. The estimates suggest that these indirect effects can be sizeable, and that impacts on trade and employment can also be significant.

Keywords: World Trade Organisation; North American Free Trade Agreement; EUROPEAN Economic Community; Uruguay Round; Labour Issue (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-27035-4_9

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DOI: 10.1007/978-1-349-27035-4_9

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