Winners and Losers from Offshore Outsourcing: What Is to Be Done?

Eva Paus

Chapter Chapter One in Global Capitalism Unbound, 2007, pp 3-20 from Palgrave Macmillan

Abstract: Abstract The rapid expansion of offshore outsourcing is the key characteristic of the current process of economic globalization. As production processes become increasingly fragmented across national borders, companies source abroad parts and services they used to produce in-house, at home. The ramifications of globalized production, especially as it moves into the field of IT-enabled services, are the subject of growing concern. On the one hand, the globalization of production offers new opportunities for economic growth, development, and human well-being. But, on the other hand, it poses fundamental challenges, as some countries and groups of people will benefit more than others, some will benefit at the expense of others, and some may simply lose out.

Keywords: Labor Market; Foreign Direct Investment; Foreign Direct Investment Inflow; Active Labor Market Policy; Back Office Process (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60884-9_1

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DOI: 10.1057/9780230608849_1

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