Outsourcing Economics: Global Value Chains in Capitalist Development
| Author | : | |
| Rating | : | 4.35 (591 Votes) |
| Asin | : | 1107609623 |
| Format Type | : | paperback |
| Number of Pages | : | 376 Pages |
| Publish Date | : | 2014-09-06 |
| Language | : | English |
DESCRIPTION:
Professor Milberg received his PhD in economics from Rutgers University.Deborah Winkler is Research Associate with the Schwartz Center for Economic Policy Analysis at the New School for Social Research. She is the author of Services Offshoring and Its Impact on the Labor Market. About the Author William Milberg is Professor of Economics at the New School for Social Research in New York. She also serves as a consultant to the World Bank's International Trade Department. He is the author (with Robert
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. Outsourcing Economics has a double meaning. Development has become synonymous with "upgrading" in global value chains, but this is not sufficient for improved wages or labor standards.. They also find that offshoring allows firms to reduce domestic investment and focus on finance and short-run stock movements. 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. They find that offshoring reduces employment and raises income inequality in countries that lack institutions supporting workers. First, it is a book about the economics of outsourcing. In this book, William Milberg and Deborah Winkler propose an institutional theory of trade and development
Professor Milberg received his PhD in economics from Rutgers University.Deborah Winkler is Research Associate with the Schwartz Center for Economic Policy Analysis at the New School for Social Research. He has served as a consultant to the International Labor Organization (ILO), the World Bank, and the UN Conference on Trade and Development (UNCTAD). Her recent articles have appeared in World Development, the Jour
"Real World Economic Theory (and evidence)" according to John Harvey. This is an extremely important book. Economics desperately needs a realistic study of the manner in which the international economy operates and not one based on an 19th-century thought experiment (i.e., comparative advantage). This is not simply because our theories and models should always be relevant, but the existence of global value chains . "It is an excellent book to understand the employment changes around the world" according to Alicia Girón. The structural economic change has impact the new ways of employment. It is an excellent book to understand the employment changes around the world.. Very good discussion on outsourcing from a USA perspective Celik Kurtoglu Very good discussion on outsourcing from a USA perspective. Outsourcing provides opportunities to new entrants into industry and services globally.