Whole Network Most Recent TOP10 Basics Best Practice Intelligence Resources

 

Fed: Outsourcing helps U.S. economy

Filed in archive Outsourcing News by Danny on March 01, 2006

Eagle.jpg
Thomas F. Siems, senior economist at the Dallas federal reservelinks, said that offshore outsourcing results in overall economic gains in the long run. According to him, lower consumer prices, better products and higher productivity growth are among the benefits of outsourcing.

And while Siems recognized the negative effects of outsourcing, he advised that it would be better to accept the challenge of competition and resist protectionism.

Siems said, "Indeed, the secret to faster growth and greater prosperity lies in allowing individuals and businesses to do what they do best -- and outsource the rest." He added that global outsourcing makes companies become more dynamic.

Image Source: www.web-friend.com


Advertisement


Permalink: Fed: Outsourcing helps U.S. economy
Tags: outsourcing  us  economy  helps  best  helps+economy  outsourcing+helps  personal+finance 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/16558



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter
Advertisement - Book yours here.

Use our search feature to look for other interesting posts

Just this blog Whole network
Advertisement -
Book yours here..


 
Advertisement
Book yours here.



  • Testimonials

  • 'Great blog. Instead of useless Internet surfing, I read your blog for snapshots of recent information.'

    'I was impressed.... Keep up the good work.'

    'This blog offers a balance uptake in outsourcing'

  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Basics Believe It or Not Best Practice Intelligence Opinions & Insights Outsourcing Advisors Outsourcing Issues Outsourcing News Outsourcing Pros and Cons Outsourcing Suppliers Resources Sponsored Post The Lighter Side of Outsourcing