When competition from abroad inflicts severe shocks on a country's firms, the headlines are often about failing businesses and job losses. The shocks may come from different sources: trade reforms, competition from a foreign manufacturing powerhouse, or the entry of big retail chains from abroad. Although the trade shock is likely to bring a number of positive effects, … [Read more...] about How Labor Markets Adjust to Import Competition
Kyunglin Park
Kyunglin Park is a consultant at the Research Department of the Inter-American Development Bank (IDB) in Washington, DC. Prior to joining the IDB, she worked as a research assistant at the Korea Chamber of Commerce and Industry, London School of Economics (LSE), and at UNDP Belarus. Her research interests include urban and regional economics and development economies. She holds an M.Sc. in Local Economic Development from LSE (United Kingdom), and a B.A. in Economics from Sogang University (South Korea).