Global Labor: Algocratic Modes of Organization

2 Hybrid Modes of Organization

Global and European Labor Costs

Multinational companies and national governments pay considerable attention to labor cost and labor productivity differentials across countries. This paper analyzes total and unit labor differentials for a group of European and non-European countries in the 1960-1998 period. It deals with (i) the magnitude of total labor cost differences (ii) the developments in unit labor cost and labor produc...

The new global labor market

Before the collapse of Soviet Communism, China’s movement toward market capitalism, and India’s decision to undertake market reforms and enter the global trading system, the global economy encompassed roughly half of the world’s population comprising the advanced Organisation for Economic Co-operation and Development (OECD) countries, Latin America and the Caribbean, Africa, and some parts of A...

The International Labor Organization : Paradox and Promise

The International Labor Organization (ILO) strives to achieve good and admirable goals. The mission of the ILO is to advance opportunities for “decent and productive work in conditions of freedom, equity, security and human dignity.” 1 But the ILO and similar organizations work in a very challenging environment. They are not governments and, hence, do not have direct law-making authority. They ...

Are Global Labor Markets Truly “Flat”? Global Frictions, Labor Arbitrage, and Reputation Signals in Online Markets

Visionaries conjecture that the world is becoming a level (“flat”) playing field due to the Internet that connects professional workers with employers anywhere around the world. To examine this “flat world” conjecture for global online labor markets for software development services, we analytically model and empirically examine the key factors that affect the dual aspects pricing of profession...