How Offshoring and Global Supply Chains Enhance the US Economy

Theodore Moran and Lindsay Oldenski

No PB16-5, Policy Briefs from Peterson Institute for International Economics

Abstract: The 2016 US presidential election campaign has rekindled the debate over offshoring—locating business operations and jobs overseas—by US-based multinational corporations (MNCs). Some presidential candidates have assailed investments abroad by US-based MNCs as damaging to economic growth and jobs at home. They have proposed imposing a higher tax on US companies that engage in offshoring and outsourcing. These proposals will not not bring back the lost jobs and plants. Instead they would disrupt global supply chains that link the US economy to the rest of the world and are crucial for US exports and US employment, ultimately harming US competitiveness worldwide and threatening existing jobs. In addition, protectionist efforts to impede trade will likely trigger a backlash from trading partners.

Date: 2016-04
New Economics Papers: this item is included in nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.piie.com/publications/policy-briefs/ho ... s-enhance-us-economy (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iie:pbrief:pb16-5

Access Statistics for this paper

More papers in Policy Briefs from Peterson Institute for International Economics Contact information at EDIRC.
Bibliographic data for series maintained by Peterson Institute webmaster ().