Outsourcing economics: global value chains in capitalist development
Auteur :
Milberg, William / Winkler, Deborah
Éditeur :
Cambridge University Press
ISBN :
9781107026995
Date de publication :
29 avr. 2013
Dimensions :
23,5 x 15,5 x 2,4 cm
Poids :
620 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
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.