| Description |
1 online resource |
| Physical Medium |
polychrome |
| Description |
text file |
| Bibliography |
Includes bibliographical references and index. |
| Summary |
Challenges the idea that development is synonymous with 'upgrading' global value chains through an institutional theory of trade and development. |
| Contents |
List of Figures; List of Tables; List of Appendices; List of Variables; List of Abbreviations; Acknowledgments; one Introduction; 1.1 The Public Debate versus the Economics Profession; 1.1.1 "Ricardo Is Still Right"; 1.1.2 Perceived and Actual Effects of Globalization; 1.1.3 The "Kletzer Effect"; 1.2 A Global Value Chain Approach to Offshoring; 1.2.1 Globalization and the Economic Crisis of 2008-2009; 1.2.2 The Governance of Value Chains; 1.2.3 Re-Embedding the Market; 1.2.4 An Interdisciplinary Account of Offshoring; Two The New Wave of Globalization; 2.1 Measures of Offshoring. |
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2.1.1 The Changing Nature of Trade in Intermediates2.1.2 Trade and Broader Measures of Offshoring; 2.1.3 U.S. Aggregate Offshoring Intensities; 2.1.4 U.S. Sectoral Offshoring Intensities; 2.2 Drivers of the New Wave of Globalization; 2.3 Trade Crisis and Recovery; Appendix 2.1 Classification of Sectors by Broad Economic Categories; three What Role for Comparative Advantage?; 3.1 Introduction; 3.2 The Fall and Revival of Comparative Advantage; 3.2.1 The Fall of Comparative Advantage; 3.2.2 The New International Economics Backlash; 3.2.3 The Revival of Comparative Advantage. |
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3.2.4 Models of Offshoring in a Comparative Advantage FrameworkOffshoring as Fragmented Production; Offshoring as Trade in Factor Services; Offshoring as "Trade in Tasks"; Limitations of Contemporary Models of Offshoring; 3.3 Limits of Comparative Advantage; 3.3.1 Conceptual Limits; Persistent Trade Imbalances; International Capital Mobility; Constant Real Wages; Footloose Input Production; Many Goods and Many Countries; Technology Gap; From a Technology Gap to a "Social Gap" Model of Trade; 3.3.2 Historical Limits; Persistent Trade Imbalances. |
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Economic Development and Comparative Advantage "Defiance"3.3.3 Ethical Limits; 3.4 Conclusion; four Lead Firm Strategy and Global Value Chain Structure; 4.1 Trade, Profits, and Investment; 4.1.1 Cost Markups, the Profit Share, and Offshoring; Price Competition, Markups, and the Profit Share; Offshoring and the Profit Share; 4.1.2 The Persistence of Oligopoly; 4.1.3 Global Value Chains and Heightened Competition among Suppliers; 4.2 Endogenous Asymmetry of Market Structure in Global Value Chains; 4.2.1 Power and the Distribution of Valued Added; 4.2.2 Sustainability of the Asymmetry. |
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4.2.3 What Drives Foreign Direct Investment?4.3 Determinants of Global Value Chain Structure; 4.3.1 Transactions Cost-Based Theories; 4.3.2 Resource-Based Theories and the Shift to Core Competence; 4.3.3 Beyond Transactions Cost Minimization: Global Value Chain Governance Strategies; 4.4 A Classical Approach to Offshoring; 4.4.1 Relevance of Ricardos Dynamic Gains from Trade; 4.4.2 Static and Dynamic Gains from Offshoring; 4.4.3 Conclusion; five Economic Insecurity in the New Wave of Globalization; 5.1 Economic Insecurity; 5.2 Varieties of Capitalism and the Burden of Economic Risk. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Offshore outsourcing -- United States.
|
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Offshore outsourcing. |
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United States. |
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Labor market -- United States.
|
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Labor market. |
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Foreign trade and employment -- United States.
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Foreign trade and employment. |
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Globalization -- Economic aspects.
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Globalization -- Economic aspects. |
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Free trade -- United States.
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Free trade. |
| Genre/Form |
Electronic books.
|
| Added Author |
Winkler, Deborah.
|
| Other Form: |
Print version: Milberg, William S., 1957- Outsourcing economics. Cambridge [England] ; New York : Cambridge University Press, ©2013 9781107026995 (DLC) 2012035199 (OCoLC)810442332 |
| ISBN |
9781139208772 (electronic book) |
|
1139208772 (electronic book) |
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9781107341852 (electronic book) |
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110734185X (electronic book) |
|
9781107345607 |
|
110734560X |
|
9781107348103 |
|
1107348102 |
|
9781107026995 |
|
1107026997 |
|
9781107609624 |
|
1107609623 |
|
