Artikel

Offshoring and labor markets in developing countries

Developing countries are often seen as unquestionable beneficiaries in the phenomenal rise of global value chains in international trade. Offshoring-the cross-border trade in intermediate goods and services which facilitate country-level specialization in subsets of production tasks-enables an early start in global trade integration even when the requisite technology and knowhow for cost-effective production from scratch to finish are not yet acquired. A growing economics literature suggests a more nuanced view, however. Policymakers should be mindful of issues related to inequality across firms and wages, labor standards, and effects of trade policy.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2022

Classification
Wirtschaft
Economic Impacts of Globalization: Economic Development
Subject
offshoring
globalization
labor markets in developing countries

Event
Geistige Schöpfung
(who)
Basu, Arnab K.
Chau, Nancy H.
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2022

DOI
doi:10.15185/izawol.499
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Basu, Arnab K.
  • Chau, Nancy H.
  • Institute of Labor Economics (IZA)

Time of origin

  • 2022

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