1. World problems
  2. Labour displacement due to import competition

Labour displacement due to import competition

  • Unemployment due to lower cost production in other countries
  • Competing labour markets

Claim

Huge numbers of jobs are being lost because local domestic industries are unable to compete with competition from low-cost countries of the world.

Counter-claim

Europe seems not to notice that its unemployment problems have more to do with its overvalued currencies, hugely wasteful farm subsidies, and social systems that discourage mobility and flexibility of labour, than with Asian sweatshop labour destroying European industries.

Broader

Aggravates

Aggravated by

Related

Strategy

Value

Unproductivity
Yet to rate
Unemployment
Yet to rate
Underproduction
Yet to rate
Underemployment
Yet to rate
Overproduction
Yet to rate
Displacement
Yet to rate
Costliness
Yet to rate
Competition [D]
Yet to rate
Competition [C]
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic GrowthSustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
  • Commerce » Import, export
  • Commerce » Purchasing, supplying
  • Industry » Production
  • Social activity » Human resources » Human resources
  • Social activity » Unemployment
  • Social activity » Work
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    J4721
    DOCID
    12047210
    D7NID
    149451
    Last update
    Oct 4, 2020