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...Globalisation and labour markets implications of the emergence china india david t coe introduction impact on has re emerged as an important policy issue reflecting broader public debate about interrelated concerns downward pressure wages increased job insecurity jobs moving from oecd countries to developing with lower two relatively recent phenomena are at play here one is accelerating participation in world trade many transition particularly large vastly populated economies graph these foreign direct investment fdi have according imf estimates contributed a fourfold rise effective global force over past decades second phenomenon that nature changing technological advances sharp reductions communication coordination costs allowed supply chains increasingly fragmented geographically b feed international intermediate inputs rather than final goods services or commodities moreover often business were previously non tradable but now this type whether other referred offshoring too been key...