Description

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Leading experts analyze the impact of the rapid growth of offshore outsourcing in manufacturing and IT. For some it promises more rapid economic growth and for some developing countries it is an opportunity to leapfrog, while others are sidelined but it also means labour and governments may lose bargaining power vis- -vis globally mobile capital.

About the Author

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Eva Paus is Professor of Economics and the Carol Hoffmann Collins Director of the Dorothy R. and Norman E. McCulloch Center for Global Initiatives at Mount Holyoke College, USA.

Praise For…

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"In a world where goods and services move more freely than the workers who produce them, globalization means offshore outsourcing. This book is essential for anyone who wants to understand this phenomenon and the debates over what to do about it."
       —James K. Boyce, Professor of Economics, University of Massachusetts, Amherst

"The book goes beyond analysis to suggest how in practical terms those who 'think for the world' should respond, including how to redistribute capital income without undermining investment, and how to increase the spillovers from foreign investment."
        —Robert H. Wade, Professor of International Political Economy, London School of Economics

"The richness of both the data and the analysis allows the reader to understand the multiple dimensions of this crucial economic process, and its effects on developed and developing nations. The articles contain an in-depth analysis of the positive and negative implications of this critical component of the globalization process highlighting its effects on capital and labor, on social policies, and on the very nature of governments. This book will be of interest to both analysts and students, and can be used in graduate and undergraduate classes."
        —Silvia Borzutzky, Teaching Professor, Carnegie Mellon University

"Finally, all in one place, we have rigorous analyses that cover both 'sides' of the outsourcing debate. Packed into short accessible chapters, this volume provides a critical overview of the trends related to outsourcing, and what the impacts are with respect to developed and developing countries. This book is the perfect companion to courses in international economies, development, and global affairs. What's more, scholars will find cutting edge and non-polarizing thinking and analysis and policy recommendations."
        —Kevin Gallagher, Assistant Professor of International Relations, Boston University