Outsourcing Economics: Global Value Chains in Capitalist Development (Hardback)
  • Outsourcing Economics: Global Value Chains in Capitalist Development (Hardback)
zoom

Outsourcing Economics: Global Value Chains in Capitalist Development (Hardback)

(author), (author)
£56.00
Hardback 376 Pages / Published: 29/04/2013
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
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.

Publisher: Cambridge University Press
ISBN: 9781107026995
Number of pages: 376
Weight: 730 g
Dimensions: 229 x 152 x 25 mm

You may also be interested in...

The Hollywood Economist 2.0
Added to basket
Innovation Economics
Added to basket
Capitalism at Risk
Added to basket
Knowledge Economy and the City
Added to basket
Free
Added to basket
£8.99
Paperback
Modern Economic Regulation
Added to basket
The Architecture of Innovation
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.