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Global Work Force 2000: The Globalization of Labor
A growing imbalance between the world's labor supply and demand is driving the globalization of labor. While the developed world accounts for most of the world's gross domestic product, its share of the world work force is shrinking. Meanwhile, in the developing countries, the size and educational level of the work force is quickly rising. Developing nations that combine their young, educated workers with investor-friendly policies, and industrial countries that keep barriers to immigration low, will benefit from the new global work force.