Trade, investment and employment nexus, from theory to practice to create more and better jobs

OBJECTIVES The training course aims to: • Get an overview on the nexus between trade, investment and employment • Acquire knowledge on how to identify, prioritize and select tradable sectors that have employment potential and net export effect. • Improve capacities in measuring the impact of trade and investment on creating productive and decent jobs • Get insights and sound understanding on how factoring employment issues into CONTENT Module 1: Impact of trade and investment on employment: Concepts and background Trade and jobs • Theoretical literature insights (export competitiveness) • Trade and job creation (quality and quantity of jobs) • Trade and income levels • Case study Investment and Employment • Theoretical literature insights (internationalization or not, resource efficiency…) • Investment and job creation • Case study Module 2: How to identify tradable sectors that could create more and better jobs • Understanding Tradable sectors • Impact of Tradable sectors on employment creation • Identifying and prioritizing Tradable sectors • Selection and prioritization of sectors that have export and employment potential • How to analyse a product or service’s export potential? • Case study/Exercises Module 3: How to measure the impact of a specific tradable sector on decent work? • Introduction to Decent work indicators • Employment • Unemployment • Labour force participation • Labour productivity • Wages, • Informality… Module 4: How to Assess the impact of FDI on decent work • Strategic importance of FDI and international competition for attractiveness • Main transmission channels for the socio-economic effects of FDI • Impact of FDI on working conditions and industrial relations • Evaluation of the effects of the EDI on decent work Module 5: How trade and FDI could contribute to inclusive and sustainable development that creates productive and decent jobs • Types of trade policies and its instruments • Non-economic factors (culture, geopolitics), Economic factors (growth, exchange rate, debt level, inflation), and Political factors (spaghetti bowl of trade agreements, industrial policy, etc.) that affect trade and FDI • Role of industrial policy as a transmission channel to stimulate local market development • Factoring employment issues into trade policies and investment policies • Evaluation framework for the design and the implementation of trade and investment policies NUMBER OF WEEKS: 5 weeks, 50 hours