U.S. Offshoring: Implications for Economic Growth and Income Distribution

William MilbergRudi von Arnim
Written By SCEPA

WORKING PAPER

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This paper assesses the effects of offshoring on income distribution and growth in the US and offers implications for developing countries and Latin America in particular.

The rapid expansion over the past twenty years of U.S. imports of intermediate goods and services—offshoring—is the clearest indicator of the development of global production networks that has reshaped the world economy. 

SCEPA
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