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Outsourcing economics : global value chains in capitalist development /

Challenges the idea that development is synonymous with 'upgrading' global value chains through an institutional theory of trade and development.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Milberg, William S., 1957-
Otros Autores: Winkler, Deborah
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge [England] ; New York : Cambridge University Press, ©2013.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.