Globalization, Outsourcing and Labour Development in ASEAN

By Shandre Thangavelu, Aekapol Chongvilaivan

© 2011 – Routledge

144 pages | 27 B/W Illus.

Purchasing Options:
Paperback: 9781138901384
pub: 2015-03-03
US Dollars$55.95
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Hardback: 9780415567459
pub: 2013-04-24
US Dollars$150.00
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About the Book

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.

Reviews

'Thangavelu and Chongvilaivan provide interesting insights and useful implications for labour and industrial development in the context of an emerging global hub of outsourcing market, the ASEAN.' - Yongyuth Chalamwong, Ph.D., Research Director, Labour Development, Human Resources and Social Development Program, Thailand Development Research Institute Foundation (TDRI)

Table of Contents

1. Introduction 2. Economics of Outsourcing: A Literature Survey 3. Outsourcing Decisions: Theory and Evidence 4. Outsourcing and Labour Productivity 5. Outsourcing and Wage Inequality 6. Outsourcing in Emerging Countries: A Case Study from Vietnam 7. Managing Global Supply Chain Disruptions: Experience from Thailand’s 2011 Flooding 8. Outsourcing and Policy Implications

About the Authors

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.

About the Series

Routledge Studies in the Modern World Economy

In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS038000
BUSINESS & ECONOMICS / Labor
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS069020
BUSINESS & ECONOMICS / International / Economics
BUS102000
BUSINESS & ECONOMICS / Outsourcing