{"product_id":"outsourcing-economics-global-value-chains-in-capitalist-development-paperback-9781107609624","title":"Outsourcing Economics; Global Value Chains in Capitalist Development (Paperback \/ softback) 9781107609624","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eOutsourcing Economics\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eGlobal Value Chains in Capitalist Development\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book challenges the idea that development is synonymous with 'upgrading' global value chains through an institutional theory of trade and development.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eWilliam Milberg (Author), Deborah Winkler (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781107609624, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 29 April 2013\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e376 pages, 57 b\/w illus.  34 tables\u003cbr\u003e22.6 x 15.2 x 2.3 cm, 0.5 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eOutsourcing 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.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Introduction\u003cbr\u003e 2. The new wave of globalization\u003cbr\u003e 3. What role for comparative advantage?\u003cbr\u003e 4. Lead firm strategy and global value chain structure\u003cbr\u003e 5. Economic insecurity in the new wave of globalization\u003cbr\u003e 6. Financialization and the dynamics of offshoring\u003cbr\u003e 7. Economic development as industrial upgrading in global value chains\u003cbr\u003e 8. Outsourcing economics.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: International business [\u003ca title=\"See our other books on International business\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20business%20%5BKJK%5D%22\"\u003eKJK\u003c\/a\u003e], Political economy [\u003ca title=\"See our other books on Political economy\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Political%20economy%20%5BKCP%5D%22\"\u003eKCP\u003c\/a\u003e], International finance [\u003ca title=\"See our other books on International finance\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20finance%20%5BKCLF%5D%22\"\u003eKCLF\u003c\/a\u003e], International economics [\u003ca title=\"See our other books on International economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20economics%20%5BKCL%5D%22\"\u003eKCL\u003c\/a\u003e], Sociology: work \u0026amp; labour [\u003ca title=\"See our other books on Sociology: work \u0026amp; labour\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Sociology:%20work%20\u0026amp;%20labour%20%5BJHBL%5D%22\"\u003eJHBL\u003c\/a\u003e], Globalization [\u003ca title=\"See our other books on Globalization\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Globalization%20%5BJFFS%5D%22\"\u003eJFFS\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46004197622040,"sku":"9781107609624","price":34.67,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9781107609624i.jpg?v=1696766672","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/outsourcing-economics-global-value-chains-in-capitalist-development-paperback-9781107609624","provider":"Freshly Printed Books","version":"1.0","type":"link"}