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Offshoring of American Jobs: What Response from U.S. Economic Policy? (Alvin Hansen Symposium on Public Policy at Harvard Unviersit)

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Offshoring of American Jobs: What Response from U.S. Economic Policy? (Alvin Hansen Symposium on Public Policy at Harvard Unviersit) Cover

 

Synopses & Reviews

Publisher Comments:

andlt;Pandgt;It is no surprise that many fearful American workers see the call center operator in Bangalore or the factory worker in Guangzhou as a threat to their jobs. The emergence of China and India (along with other, smaller developing countries) as economic powers has doubled the supply of labor to the integrated world economy. Economic theory suggests that such a dramatic increase in the supply of labor without an accompanying increase in the supply of capital is likely to exert downward pressure on wages for workers already in the integrated world economy, and wages for most workers in the United States have indeed stagnated or declined. In this book, leading economists Jagdish Bhagwati and Alan S. Blinder offer their perspectives on how the outsourcing of labor and the shifting of jobs to lower-wage countries affect the U.S. economy and what, if any, policy responses are required. Bhagwati, in his colorful and pithy style, focuses on globalization and free trade, while Blinder, erudite and witty, addresses the significance of labor market adjustment caused by trade. Bhagwati's and Blinder's contributions are followed by comments from economists Richard Freedman, Douglas A. Irwin, Lori G. Kletzer, and Robert Z. Lawrence. Bhagwati and Blinder then respond separately to the issues raised. Benjamin Friedman, who edited this volume (and organized the symposium that inspired it), provides an introduction.andlt;/Pandgt;

Synopsis:

andlt;Pandgt;Two leading economists discuss a range of issues relating to the andquot;offshoringandquot; of American jobs, from free trade to unemployment levels.andlt;/Pandgt;

Synopsis:

It is no surprise that many fearful American workers see the call center operator in Bangalore or the factory worker in Guangzhou as a threat to their jobs. The emergence of China and India (along with other, smaller developing countries) as economic powers has doubled the supply of labor to the integrated world economy. Economic theory suggests that such a dramatic increase in the supply of labor without an accompanying increase in the supply of capital is likely to exert downward pressure on wages for workers already in the integrated world economy, and wages for most workers in the United States have indeed stagnated or declined. In this book, leading economists Jagdish Bhagwati and Alan S. Blinder offer their perspectives on how the outsourcing of labor and the shifting of jobs to lower-wage countries affect the U.S. economy and what, if any, policy responses are required. Bhagwati, in his colorful and pithy style, focuses on globalization and free trade, while Blinder, erudite and witty, addresses the significance of labor market adjustment caused by trade. Bhagwati's and Blinder's contributions are followed by comments from economists Richard Freedman, Douglas A. Irwin, Lori G. Kletzer, and Robert Z. Lawrence. Bhagwati and Blinder then respond separately to the issues raised. Benjamin Friedman, who edited this volume (and organized the symposium that inspired it), provides an introduction.

Synopsis:

Two leading economists discuss a range of issues relating to the "offshoring" of American jobs, from free trade to unemployment levels.

About the Author

Jagdish Bhagwati is University Professor at Columbia University and External Advisor to the Director General, World Trade Organization and Senior Fellow for International Economics with the Council on Foreign Relations. He was named Distinguished Fellow of the American Economic Association in 2003.Alan S. Blinder is G. S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University. He is the author of The Quiet Revolution: Central Banking Goes Modern and other books.Benjamin M. Friedman is William Joseph Maier Professor of Political Economy at Harvard University and the author of The Moral Consequences of Economic Growth.

Product Details

ISBN:
9780262013321
Author:
Bhagwati, Jagdish N
Publisher:
MIT Press (MA)
Editor:
Friedman, Benjamin M.
Author:
Friedman, Benjamin M.
Author:
Irwin, Douglas A.
Author:
Blinder, Alan S.
Author:
Massachusetts Institute of Technology
Author:
Lawrence, Robert Z.
Author:
Bhagwati, Jagdish
Author:
Freedman, Richard
Author:
Bhagwati, Jagdish N.
Author:
Kletzer, Lori G.
Author:
Alvin Hansen Symposium on Public Policy
Location:
Cambridge
Subject:
Labor market -- United States.
Subject:
Free trade -- United States.
Subject:
Labor
Subject:
Knowledge Capital
Subject:
Economic Conditions
Subject:
Business management
Copyright:
Series:
Alvin Hansen Symposium on Public Policy at Harvard University Offshoring of American Jobs
Publication Date:
20090807
Binding:
HARDCOVER
Grade Level:
from 17
Language:
English
Illustrations:
1 figure
Pages:
160
Dimensions:
8 x 5.375 x 0.4375 in

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Related Subjects

Business » General
Business » Human Resource Management
Business » Management
Business » Outsourcing
History and Social Science » Economics » General
Reference » Science Reference » Technology

Offshoring of American Jobs: What Response from U.S. Economic Policy? (Alvin Hansen Symposium on Public Policy at Harvard Unviersit) Sale Hardcover
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Product details 160 pages Mit Press - English 9780262013321 Reviews:
"Synopsis" by , andlt;Pandgt;Two leading economists discuss a range of issues relating to the andquot;offshoringandquot; of American jobs, from free trade to unemployment levels.andlt;/Pandgt;
"Synopsis" by , It is no surprise that many fearful American workers see the call center operator in Bangalore or the factory worker in Guangzhou as a threat to their jobs. The emergence of China and India (along with other, smaller developing countries) as economic powers has doubled the supply of labor to the integrated world economy. Economic theory suggests that such a dramatic increase in the supply of labor without an accompanying increase in the supply of capital is likely to exert downward pressure on wages for workers already in the integrated world economy, and wages for most workers in the United States have indeed stagnated or declined. In this book, leading economists Jagdish Bhagwati and Alan S. Blinder offer their perspectives on how the outsourcing of labor and the shifting of jobs to lower-wage countries affect the U.S. economy and what, if any, policy responses are required. Bhagwati, in his colorful and pithy style, focuses on globalization and free trade, while Blinder, erudite and witty, addresses the significance of labor market adjustment caused by trade. Bhagwati's and Blinder's contributions are followed by comments from economists Richard Freedman, Douglas A. Irwin, Lori G. Kletzer, and Robert Z. Lawrence. Bhagwati and Blinder then respond separately to the issues raised. Benjamin Friedman, who edited this volume (and organized the symposium that inspired it), provides an introduction.
"Synopsis" by , Two leading economists discuss a range of issues relating to the "offshoring" of American jobs, from free trade to unemployment levels.
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