For example, when the economy recovers, low-wage workers who have been unemployed will return to the labor market, and thus the average wages will be pushed down.4 Apparently, the year-on-year rate of change in total cash earnings per employee had been sluggish even when the economy was recovering. However, the rate of change has been positive of late.
The backfire could be seen either on financial integration (by controlling capital outflows), or on trade policy (rising barriers on imports). We have to avoid that the positive aspects of integration are overcome by the flaws of the system.