Name: Outsourcing Economics
SKU: 34488320
Price: 2120.00 TWD
Availability: InStock
Author: Milberg, William ; Winkler, Deborah
ISBN: 9781107609624

Type

Physical Book

Author

William Milberg

Deborah Winkler

Publisher

Cambridge University Press

Year

2013

Language

English

Pages

376

Format

Paperback

Dimensions

22.6x15.2x2.3 cm

Weight

0.50 kg.

ISBN13

9781107609624

Synopsis "Outsourcing Economics"

Outsourcing Economics has a double meaning. First, it is a book about the economics of outsourcing. Second, it examines the way that economists have understood globalization as a pure market phenomenon, and as a result have "outsourced" the explanation of world economic forces to other disciplines. Markets are embedded in a set of institutions - labor, government, corporate - that mold the power asymmetries that influence the distribution of the gains from globalization. In this book, William Milberg and Deborah Winkler propose an institutional theory of trade and development. They find that offshoring reduces employment and raises income inequality in countries that lack institutions supporting workers. They also find that offshoring allows firms to reduce domestic investment and focus on finance and short-run stock movements. Development has become synonymous with "upgrading" in global value chains, but this is not sufficient for improved wages or labor standards.

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Outsourcing Economics - Milberg, William ; Winkler, Deborah

Synopsis "Outsourcing Economics"

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