Title
Outsourcing Economics: Global Value Chains in Capitalist Development,Used
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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 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. 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 shortrun stock movements. Development has become synonymous with upgrading in global value chains, but this is not sufficient for improved wages or labor standards.
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- Q: What is the main focus of 'Outsourcing Economics'? A: 'Outsourcing Economics' primarily explores the economics of outsourcing and globalization, emphasizing the institutional factors that influence trade and development.
- Q: Who are the authors of this book? A: The book is authored by William Milberg and Deborah Winkler.
- Q: What are the key themes discussed in the book? A: Key themes include the impact of outsourcing on employment and income inequality, the role of institutions in shaping market outcomes, and the relationship between globalization and labor standards.
- Q: Is this book suitable for academic study? A: Yes, 'Outsourcing Economics' is well-suited for academic study, particularly in economics, international trade, and development courses.
- Q: What is the publication date of 'Outsourcing Economics'? A: 'Outsourcing Economics' was published on April 29, 2013.
- Q: What is the condition of this book? A: The book is listed as 'New' and is described as a 'Used Book in Good Condition'.
- Q: How many pages does the book contain? A: 'Outsourcing Economics' contains 376 pages.
- Q: What type of binding does this book have? A: The book is available in paperback binding.
- Q: Does the book include any practical case studies? A: Yes, the book includes analyses and examples that illustrate the theoretical concepts discussed, providing practical insights into outsourcing and economic development.
- Q: What audience would benefit from reading this book? A: Students, educators, policymakers, and professionals interested in economics, globalization, and labor issues would benefit from reading this book.