Trade, investment and employment nexus
Photo © Adobe Stock/06photo
Online
Trade, investment and employment nexus
3 June–5 July 2024
The course is available in English
Introduction to the course
There are several employment issues that can be addressed in trade and investment policies, such as the job creation, job quality, wage growth, adjustment costs, local employment impact... By integrating these specific employment issues into trade and investment policies, governments and organizations can work towards maximizing the positive impact of international economic activities on employment and wages, while mitigating potential negative consequences. The training course on the nexus between trade, investment, and employment will provide a comprehensive understanding of the interconnections among these areas, from theory to practice, with the aim of creating more and better jobs. The course will cover analytical training in the critical use of theories of international trade and investment, as well as the practical implications for employment and economic development. It will also explore how promoting and financing international trade and investment can lead to job creation, economic wellbeing, and stability. Additionally, the course will emphasize the importance of investing in employees' training and development to improve productivity, job satisfaction, and reduce turnover rates. The objective is to equip participants with the knowledge and skills to contribute to the creation of a culture of excellence and innovation that can lead to the generation of more and better jobs.
Who attends this course?
The course is designed in particular for Government officials and practitioners from Ministries in charge of Trade, Industry, Investment, Planning, Economy or Employment, Policy makers and Government officials, Workers' and Employers organizations, Trade/Investment/Industry/ promotion agencies. The course is also conceived to Research organization in trade and investment, Other national, regional institution or NGOs addressing issues of employment, trade, investment or industry development and Export, investment and employment advisors.
What will I be able to do?
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 effective trade and investment initiatives could create more and better jobs
What will I learn?
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
Module5: 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
How?
The course includes 5 modules that cover several topics related to the importance of the integration of employment issues into trade and investment initiatives or strategies in order to create more and better jobs. The training modules require 5 – 7 hours of effort from candidates per week. On a weekly basis, learning modules are deployed.
Why should I join?
The Turin Centre is known for its innovative learning tools and methodologies.
- Course facilitators are subject matter experts and specialists;
- Training delivery includes online and tutor based learning opportunities;
- Participants exchange knowledge and ideas on existing good practices.
How to Apply?
Interested candidates should register on-line clicking on the “APPLY NOW” button at the top-right of the page.
Selection will be based on the following criteria:
- Proven work experience in relevant field
- Submission of a letter of sponsorship to cover the total course fees
Cost and payment
The cost of participation is payable in advance by the participant or his or her sponsoring organization.
