Erhan Artuc is a Senior Economist in the World Bank's Development Research Group (Trade and International Integration Team). Prior to joining the World Bank in 2011, he was a faculty member at Koc University in Istanbul - Turkey, where taught International Trade, Microeconomics and Macroeconomics classes. He received BA degree in 2001 from Bilkent University, Ankara and Ph.D. in 2006 from University of Virginia, both in Economics.
Artuc’s research focuses on international trade policy and its effects on labor markets. He has studied distributional effects of trade liberalization on workers from different age, education and human capital groups, timing of trade policy, occupational and sectoral mobility of workers, unemployment, and changes in skill premium in response to trade shocks and discount window borrowing from central banks. In his research, Artuc develops models that can forecast effects of a new trade policy before its implementation (i.e. counterfactual policy simulations). His research papers have appeared in Journal of International Economics, American Economic Review and other academic or policy journals.
Integration into the global economy offers an enormous opportunity for reducing poverty, hunger, and economic injustice. Increasing competition on the domestic market, thus lowering prices and increasing choices for consumers and improving access to new knowledge, products and technologies, generates potential sources of aggregate efficiency gains. Globalization also generates costs. Trade liberalization will result in a re-allocation of factors of production within and between firms and sectors. The goal of this book is to summarize the state of knowledge in the economic literature on trade and development regarding the costs of adjustment to trade openness and how adjustment takes place in developing countries.