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Outsourcing Pros and Cons
by on March 15, 2004
Outsourcing might have caused some stir in the economy and created an on-going debate among policy makers, analysts and corporations. Regardless of the cliche that it has many unfavorable consequences to the recent unpromising employment outlook, outsourcing might not be as threatening as one might have thought.
There are at least two perspectives from which the bright side can be seen:
1. Outsourcing might not be the cause of major unemployment in the United States.
Quoted from USA Today editorial, "Many economists estimate that only about 1 in 100 layoffs are caused by outsourcing. By contrast, the bulk of job losses stem from domestic factors."
2. The United States is far greater an outsourcing supplier than any other countries.
Quoted from National Center for Policy Analysis, "Services provided by jobs outsourced from the United States to developing nations are counted as imports, whereas services performed by Americans for foreign firms are counted as exports."
There are at least two perspectives from which the bright side can be seen:
1. Outsourcing might not be the cause of major unemployment in the United States.
Quoted from USA Today editorial, "Many economists estimate that only about 1 in 100 layoffs are caused by outsourcing. By contrast, the bulk of job losses stem from domestic factors."
2. The United States is far greater an outsourcing supplier than any other countries.
Quoted from National Center for Policy Analysis, "Services provided by jobs outsourced from the United States to developing nations are counted as imports, whereas services performed by Americans for foreign firms are counted as exports."
Permalink: The Bright Side of Outsourcing
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/1188
Mr Wong
Vote for The Bright Side of Outsourcing:
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Rating: 9.50 out of 4 vote(s) cast.
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Response from:
David
(04/05/04 12:36pm)
Response from:
Dean's World
Jenny of The Outsourcing Weblog notes more data showing that outsourcing is not a major source of job loss, and reiterating that more foreign companies...
Response from:
INDC Journal: "Randomly Tested for Lead-Poisoning"
The Bright Side of Outsourcing. Will the truth about this scary monster make it to the public debate? (Via Dean)...
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Does anyone have a kind suggestion for an out-of-work software developer?