The Changing Nature Of Corporate Global Restructuring: The Impact Of The Changing Nature Of Corporate Global Restructuring: The Impact Of

The Changing Nature Of Corporate Global Restructuring: The Impact Of Production Shifts On Jobs

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Source: Cornell University

Date: January 2008

Type: White Paper

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Overview: This research paper speaks to a growing phenomenon of global corporate restructuring and capital mobility. US and foreign owned multinationals are simultaneously shifting production from high-wage countries to multiple low-wage destinations, both near shore and off shore, with China as one of the primary destinations for all countries. Yet, there continues to be no government mandated reporting system to track production shifts out of the US. Absent government-mandated reporting, the continued funding of research such as this becomes essential to efforts to track the changing trends and effects of global capital mobility on US workers and the US economy.

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