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Diane Publishing Books
Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data
James K. Jackson (au)
The impact of foreign direct investment on U.S. employment is provoking a national debate. While local communities compete with one another for investment projects, many of the residents of those communities fear losing their jobs as U.S. companies seek out foreign locations and foreign workers to perform work that traditionally has been done in the U.S., generally referred to as outsourcing. Some observers suggest that current U.S. experiences with outsourcing are different from those that have preceded them and that this merits legislative actions by Congress to blunt the economic impact of these activities. Others argue that investing abroad by U.S. multinational companies impedes the growth of new jobs in the economy and thwarts the nationäó»s investments in high-tech sectors. Some opponents also argue that mid-career workers who lose good-paying manufacturing and service-sector jobs likely will never recover their standard of living. Contents of this report: Overview; U.S. Foreign and Multinational Companies; Gross Product; Cyclical vs. Structural Changes; Trade; Sales; R&D; Why Firms Invest Abroad; Conclusion. Figures and tables. This is a print on demand report.
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