Outsourcing Economics : Global Value Chains in Capitalist Development
Book Details
Format
Paperback / softback
ISBN-10
1107609623
ISBN-13
9781107609624
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
576 grams
Dimensions
15.10 x 22.70 x 2.00 cms
Product Classification:
Economics of industrial organisationEconomic growth
KSh 7,150.00
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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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