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Outsourcing Economics : Global Value Chains in Capitalist Development

By: (Author) Deborah Winkler , (Author) William Milberg

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Ksh 12,800.00

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 (height x width x thickness): 23.50 x 15.50 x 2.40 cms

Product Classification: Economics of industrial organisation
Economic growth

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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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