Super-Specialization And The Gains From Trade
An important facet of "globalization" is the spread of cross-border production, which is variously known as intro product specialization, super-specialization, or production fragmentation. This advanced stage in the international division of labor works particularly well between high-wage developed and low-wage emerging economies. But it is precisely this context in which the practice has been criticized for destroying jobs and undermining wages. Copyright 1998 Western Economic Association International.
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Volume (Year): 16 (1998)
Issue (Month): 4 (October)
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