
Offshore outsourcing- the movement of jobs to lower-wage countries- is one of the defining features of globalization. Routine blue-collar work has been going offshore for decades, but the digital revolution beginning in the 1990s extended this process to many parts of the service economy too. Politically controversial from the beginning, "offshoring" is conventionally seen as a threat to jobs, wages, and economic security in higher-income countries, having become synonymous with the dirty work of globalization. Even though the majority of corporations make some use of offshore outsourcing, fearful of negative publicity most now choose to manage these activities in a discreet manner. Partly as a result, the global sourcing business, reckoned to be worth more than $120 billion, largely operates under the radar, its ocean-spanning activities in low-cost labour arbitrage being poorly documented and poorly understood. Offshore is the first sustained investigation of the workings of the global sourcing industry, its business practices, its market dynamics, its technologies, and its politics. The book traces the complex transformation of the worlds of global sourcing, from its origins in the new international division of labour in the 1970s, through the rapid growth of back-office economies in India and the Philippines since the 1990s, to the development of "nearshore" markets in Latin America and Eastern Europe. Recently, this evolving process of geographical and organizational restructuring has included experiments in "backshoring" within low-cost, ex-urban locations in the United States and a wave of software-enabled automation, which threatens to remove labour from many back offices altogether. In these and other ways, the offshore revolution continues.
This book investigates the complex mechanics, historical development, and socio-economic consequences of the global outsourcing industry. Jamie Peck, a professor of geography and sociology, utilizes a multi-scalar analytical framework to examine how corporations leverage low-cost labor markets across the globe. By synthesizing economic data with industry practices, the author argues that offshoring is a dynamic, evolving process that extends far beyond simple job migration to include technological automation and shifting geographical strategies.
What You Will Find
Scope Limits
Experts recognize this work as a rigorous, foundational analysis of the global sourcing industry that successfully demystifies a poorly understood economic sector. Readers frequently note the academic density of the prose, which provides a thorough, evidence-based examination of how globalization reshapes labor markets.
Page Count:
247
Publication Date:
2017-01-01
Publisher:
OUP Oxford
ISBN-10:
0192517872
ISBN-13:
9780192517876
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