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Fissuring - splitting off functions that were once managed internally - has been a successful business strategy. Large companies maintain the quality of their brand without the cost of an expensive workforce. But this approach has led to stagnation in wages and benefits and a lower standard of living for workers. The author proposes solutions.
David N. Weil introduces students to theoretical tools, data, and insights underlying the global distribution of wealth. By showing how empirical data relate to new and old theoretical ideas, 'Economic Growth' provides students with an introduction to the discipline and its research.
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