Offshoring of Services: An Overview of the Issues
DIANE Publishing, Apr 1, 2006 - 81 pages
Much attention has focused on the offshoring” of services to lower-wage locations abroad. Offshoring generally refers to an org. purchase of goods or services from abroad that were previously produced domestically. Extensive public debate has arisen about both the potential benefits of services offshoring, such as lower consumer prices & higher U.S. productivity, as well as the potential costs, such as increased job displacement for selected U.S. workers. This report: provides an overview of experts' views on the potential impacts of services offshoring; describes the types of policies that have been proposed in response to offshoring; & highlights some key areas where add'l. research might help advance the debate about offshoring. Illus.
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addition argue that offshoring average U.S. standard BEA data Commerce comparative advantage compensation competition concern that offshoring consumer privacy cost savings critical infrastructure data series Data sources developing countries displaced workers distribution of income due to offshoring Economic Policy Institute economists effects of offshoring example experts extent of offshoring federal foreign locations GAO-06-5 Offshoring global economy impacts of offshoring incentives income inequality industries and occupations innovation international trade job displacement job losses due Kate Bronfenbrenner Kletzer labor market manufacturing studies multifactor productivity national income national security number of jobs Offshore Outsourcing Offshoring of Services offshoring phenomenon outsourcing overseas percent potential impacts predicts that offshoring provide information reduce security risks services offshoring skill levels Statistical methods studies trends U.S. companies U.S. economy U.S. exports U.S. firms U.S. living standards U.S. wages U.S. workers Underlying these disagreements Washington workforce World Trade Organization
Page 19 - Wages and salaries of employees plus employers' contributions for social insurance and private benefit plans. Except for nonfinancial corporations, where there are no self-employed, data also include an estimate of wages, salaries, and supplemental payments for the selfemployed.
Page 15 - A country is said to have a comparative advantage in the production of a good when: (A) it can produce more of it than any other country.
Page 14 - Offshore Outsourcing and the Globalization of US Services: Why Now, How Important, and What Policy Implications," The United States and the World Economy: Foreign Economic Policy for the Next Decade, ed.
Page 21 - The Globalization of White-Collar Jobs: Can America Lose These Jobs and Still Prosper?
Page 36 - Export Controls: Post-Shipment Verification Provides Limited Assurance That Dual-Use Items Are Being Properly Used, GAO-04-357 (Washington, DC: Jan.
Page 19 - US living standards by lowering consumer prices and providing consumers access to a wider range of goods and services than would otherwise be available.
Page 54 - Participation (SIPP), the National Longitudinal Surveys (NLS), and the Panel Study of Income Dynamics (PSID)—and more specialized surveys that gather data for targeted groups, such as current or former welfare recipients, and at the state or local level.