ABSTRACT
Issues affecting labour markets in both the developed and the developing world are at the heart of the backlash against globalization. Workers in developed countries and their union representatives allege that low wage competition from developing countries reduces their real wages and pushes them out of jobs. Concerns were initially expressed about competition in lower value-added industries like textiles but,
with intensification of competition from the developing world across a wider range of sectors, these concerns have spread across many industrial sectors. The situation has also been accentuated by the de-industrialization under way in many developed countries and by the dominant ideology of neo-liberalism and free trade.
