Globalization, Outsourcing and Labour Development in ASEAN (Routledge Studies in the Modern World Economy) - Softcover

Thangavelu, Shandre; Chongvilaivan, Aekapol

Softcover

ISBN 10: 1138901385 ISBN 13: 9781138901384

Publisher: Routledge, 2015

Synopsis

Due to technical advances in production and communication technology, outsourcing – contracting out production of intermediate materials and services – has affected the economic growth of the ASEAN region. This new book fills an important gap in the literature looking at the impact outsourcing has on labour markets, its subtle effects on regional economies and policy implications.

Shandre Thangavelu and Aekapol Chongvilaivan investigate various impacts of outsourcing on labour markets, such as its effects on labour productivity, skill upgrading, human capital, and training, in ASEAN economies with a focus on the experience of the two ASEAN countries as a global hub of outsourcing: Singapore and Thailand. This book approaches these research inquiries by developing several econometric models, including primal production functions and dual cost functions, among others. The empirical evidence this book reveals provides interesting insights into and implications on labour and industry development.

About this title

About the Author

Shandre Thangavelu is Associate Professor of Economics at the National University of Singapore.

Aekapol Chongvilaivan is a Fellow at the Institute of Southeast Asian Studies in Singapore.

Edition details

• Publisher: Routledge
• Publication date: 2015
• Language: English
• ISBN 10: 1138901385
• ISBN 13: 9781138901384
• Binding: Paperback
• Edition number: 1
• Number of pages: 160