Outsourcing Economics : Global Value Chains in Capitalist Development
Book Details
Format
Hardback or Cased Book
ISBN-10
1107026997
ISBN-13
9781107026995
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 29th, 2013
Print length
376 Pages
Weight
620 grams
Dimensions
23.50 x 15.50 x 2.40 cms
Product Classification:
Economics of industrial organisationEconomic growth
Ksh 13,500.00
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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.
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