Offshoring of American Jobs: What Response from U.S. Economic Policy?

By Jagdish Bhagwati and Alan S. Blinder

{The MIT Press: 2009}

Fall 2010

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Offshoring of American Jobs: What Response from U.S. Economic Policy?, the recent book by Professor Jagdish Bhagwati and Princeton University’s Alan S. Blinder, addresses the controversial and complicated subject of U.S. job outsourcing. The publication focuses on the shifting of jobs to lower-wage countries and the emergence of China and India as major players in a job market that has become increasingly global and volatile. In outlining these trends, the authors also illuminate potential policy responses to outsourcing.

Offshoring of American Jobs was inspired partly by Bhagwati’s participation in the 2007 Alvin Hansen Symposium on Public Policy at Harvard University. As a result, the publication has been structured to resemble a multiparty discussion session. In one comprehensive and lively essay, Bhagwati, a renowned expert in economics and a senior fellow for international economics at the Council on Foreign Relations, examines globalization and free trade. Blinder, meanwhile, focuses his portion of the book on the impact of trade on the labor market. The authors’ perspectives are then followed by expert commentary from economists Richard Freedman, Douglas A. Irwin, Lori G. Kletzer, and Robert Z. Lawrence.

“Outsourcing has become synonymous with losses of jobs and income in the U.S. popular debate,” said Professor Henrik Horn of the Research Institute of Industrial Economics in Stockholm. “But the views on outsourcing among academic economists are much more diverse. Reflecting this divide, this book provides an entertaining discussion, conducted by distinguished economists, of the likely effects of outsourcing in the years to come.”

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