Home » Global Trade in Services: Fears, Facts, and Offshoring by J. Bradford Jensen
Global Trade in Services: Fears, Facts, and Offshoring J. Bradford Jensen

Global Trade in Services: Fears, Facts, and Offshoring

J. Bradford Jensen

Published
ISBN : 9780881326017
Paperback
245 pages
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 About the Book 

In this ground-breaking analysis, Jensen examines the intersection of services globalization in domestic employment change and job loss. This book illuminates the poorly understood phenomenon of services outsourcing and develops a comprehensiveMoreIn this ground-breaking analysis, Jensen examines the intersection of services globalization in domestic employment change and job loss. This book illuminates the poorly understood phenomenon of services outsourcing and develops a comprehensive picture of its size, scope, and impact. While manufacturing workers have historically accounted for more than half of displaced workers, in the most recent downturn nonmanufacturing workers accounted for 70 percent of displaced workers. The changing mix of industries exposed to international trade in services may have deep implications for the structure of US industry and its future skill needs. Jensen identifies the significant share of services that US multinational firms can trade internationally and analyzes the impact trade in services has on US firms and US workers. This book takes a close look at the workers who comprise the labor force in tradable and nontradable services, as well as displaced workers in manufacturing industries.