Services Offshoring and its Impact on the Labor Market

Download or read book Services Offshoring and its Impact on the Labor Market written by Deborah Winkler and published by Springer Science & Business Media. This book was released on 2009-09-18 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Services – from information technology to research to finance – are now as subject to international trade as goods have been for decades. What are the labor market consequences of the recent surge in services offshoring? While offshoring has traditionally been found to affect only less-skilled workers in industrialized countries, this study finds that services offshoring also has negative consequences for high-skilled workers. Focusing on the case of Germany, Deborah Winkler shows how services offshoring has grown, who is most affected and what policy makers can do. Winkler measures the impact of services offshoring on German productivity, employment, and employment structure. She provides a well-balanced synthesis of theoretical insights, detailed empirical analysis, and economic policy recommendations. Although her main focus is on the case of Germany, many insights are also applicable to other developed countries.