PRODUCTION FRAGMENTATION AND OUTSOURCING: GENERAL CONCERNS
Ronald Jones
The Singapore Economic Review (SER), 2008, vol. 53, issue 03, 347-356
Abstract:
Globalization has its detractors as well as supporters. Concerns have been expressed about the greater ease of fragmenting the production process so that more parts can be outsourced to a variety of countries. Highly developed regions worry about the possibility of greater unemployment or lower unskilled wage rates. Less developed regions are concerned that they may not possess a comparative advantage in the service link activities that promote fragmentation. The paper discusses these issues, with special emphasis on India and China.
Keywords: Globalization; fragmentation; outsourcing; service link activities; production blocks; hinterlands (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1142/S0217590808003026
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