Globalization, Worker Insecurity, and Policy Approaches
Abstract
The U.S. economy is becoming increasingly open to the world economy. With international trade and investment at record levels, much of what Americans consume or buy is produced in other countries. Similarly, much of what Americans produce is exported abroad. Huge quantities of capital or money flow into and out of the United States every day, swamping the value of goods and services that are exchanged. New technologies and business practices accompany the flows of investment capital. A growing number of the largest U.S. companies rely on international markets for over 50% of their sales and employ more foreign workers than domestic. In the process, today's global economy, or what many call globalization, is having a growing impact on the economic futures of American companies, workers, and families.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 24, 2007
- Accession Number
- ADA471167
Entities
People
- Raymond J. Ahearn
Organizations
- Library of Congress