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Offshoring of Services: An Overview of the Issues
Sigurd R. Nilsen (au)
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 costs & 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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