Factor Supply and Substitution, the second in a three-volume study
entitled Trade and Employment in Developing Countries, extends the
analysis of trade regimes and employment both in depth for single
countries and through cross-country analyses. It provides important new
evidence of the effects of different trade policies and of the effects
of the various factors that make up these policies--exchange rates,
wages, social insurance and other taxes, credit, prices, and so on. All
six studies reflect a carefully coordinated research strategy that has
been carried out by a first-rate team. The researchers combine technical
expertise with specialized knowledge of the individual countries.