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Offshoring of American Jobs: What Response from U.S. Economic Policy? by Jagdish N. Bhagwati, Alan S. Blinder (Hardcover, 2009)

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

Product Identifiers

Publisher
Richard Freedman, Robert Z. Lawrence, Douglas A. Irwin, Lori G. Kletzer, MIT Press Ltd
ISBN-13
9780262013321
eBay Product ID (ePID)
94749139

Product Key Features

Author
Jagdish N. Bhagwati, Alan S. Blinder
Publication Name
Offshoring of American Jobs: What Response from U.S. Economic Policy?
Format
Hardcover
Language
English
Subject
Economics
Publication Year
2009
Type
Textbook
Number of Pages
160 Pages

Dimensions

Item Height
203mm
Item Width
137mm
Item Weight
295g

Additional Product Features

Title_Author
Alan S. Blinder, Jagdish N. Bhagwati
Series Title
Alvin Hansen Symposium on Public Policy at Harvard University
Country/Region of Manufacture
United States
Editor
Benjamin M. Friedman

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Offshoring of American Jobs: What Response from U.S. Economic Policy? by Jagdish N. Bhagwati, Alan S. Blinder (Hardcover, 2009)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Adult Learning & University

Permaculture: A Designer's Manual by Bill Mollison (Hardcover, 1988)

Australian Native Bee Book: Keeping Stingless Bee Hives for Pets, Pollination and Sugarbag Honey by Tim Heard (Paperback, 2015)

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The Hundred Years' War on Palestine: A History of Settler Colonial Conquest and Resistance by Rashid I. Khalidi (Paperback, 2020)

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