Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274617 
Year of Publication: 
2022
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 499 [Year:] 2022
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
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.
Subjects: 
offshoring
globalization
labor markets in developing countries
JEL: 
F63
O1
F6
Persistent Identifier of the first edition: 
Document Type: 
Article

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