From: Gerald_A_Levy@MSN.COM
Date: Thu Feb 24 2005 - 08:18:19 EST
Jurriaan: As it happens I attended a talk last night on other problems for the conventional (Heckscher-Ohlin-Samuelson) theory of trade. The talk by Lee Price was titled "Offshoring: Problems of Conventional Trade Theory and Policy Put in Sharp Relief." The specific issue that he looked at was the "offshoring" (rather than "outsourcing") of software-related jobs. He was looking not at "service industry" jobs as such but at jobs in all sectors which might be described as being "white collar" and "digital jobs" and how the offshoring of those jobs will increasingly affect the terms of trade among nations, especially the ToT between the US and China and India. Will Millberg promised to put the entire paper up on the CEPA website some time today so try checking later today or tomorrow at: http://www.newschool.edu/cepa/events/events_epwksp.htm There was much else of interest that was discussed including the uneven demand for skills in different "digital" occupations and a recent trend showing that the income gap between high school graduates and those with a college degree (a bachelor's degree, but not necessarily a graduate degree) has been narrowing sharply, a reversal of a historical trend. In solidarity, Jerry
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