Outsourcing Economics

Global Value Chains in Capitalist Development

Business & Finance, Management & Leadership, Industrial Management, Nonfiction, Social & Cultural Studies, Social Science
Cover of the book Outsourcing Economics by William Milberg, Deborah Winkler, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: William Milberg, Deborah Winkler ISBN: 9781107357723
Publisher: Cambridge University Press Publication: April 29, 2013
Imprint: Cambridge University Press Language: English
Author: William Milberg, Deborah Winkler
ISBN: 9781107357723
Publisher: Cambridge University Press
Publication: April 29, 2013
Imprint: Cambridge University Press
Language: English

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, civil society, and household - 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 starting with the growth of global value chains - international networks of production that have restructured the global economy and its governance over the past twenty-five years. They find that offshoring leads to greater economic insecurity in industrialized 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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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, civil society, and household - 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 starting with the growth of global value chains - international networks of production that have restructured the global economy and its governance over the past twenty-five years. They find that offshoring leads to greater economic insecurity in industrialized 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.

More books from Cambridge University Press

Cover of the book Fourier Analysis: Volume 1, Theory by William Milberg, Deborah Winkler
Cover of the book Bavarian Tourism and the Modern World, 1800–1950 by William Milberg, Deborah Winkler
Cover of the book Indigenous Peoples of the British Dominions and the First World War by William Milberg, Deborah Winkler
Cover of the book The Cambridge History of South African Literature by William Milberg, Deborah Winkler
Cover of the book Interpreting Hobbes's Political Philosophy by William Milberg, Deborah Winkler
Cover of the book Why Electoral Integrity Matters by William Milberg, Deborah Winkler
Cover of the book Rebuilding Asia Following Natural Disasters by William Milberg, Deborah Winkler
Cover of the book Between Fragmentation and Democracy by William Milberg, Deborah Winkler
Cover of the book Operating Room Leadership and Management by William Milberg, Deborah Winkler
Cover of the book Venice by William Milberg, Deborah Winkler
Cover of the book Shakespearean Arrivals by William Milberg, Deborah Winkler
Cover of the book The New Cambridge Companion to Herman Melville by William Milberg, Deborah Winkler
Cover of the book Prisoners of Reason by William Milberg, Deborah Winkler
Cover of the book Dublin's Great Wars by William Milberg, Deborah Winkler
Cover of the book Freedom Bound by William Milberg, Deborah Winkler
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy