Outsourcing Economics

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    Outsourcing Economics
    Global Value Chains in Capitalist Development
    By: William Milberg; Deborah Winkler
    Publisher:
    Cambridge University Press
    Print ISBN: 9781107026995, 1107026997
    eText ISBN: 9781107357723, 1107357721
    Edition: 1st
    Format: EPUB
    Available from $ 34.00 USD
    SKU 9781107357723
    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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