Friday, August 05, 2005

Truth and consequences of offshoring

"This briefing paper examines three studies claiming that the offshoring of white-collar work will result in large benefits to the U.S. economy. These studies—written by McKinsey Global Institute (MGI), Global Insight (GI), and Catherine Mann in a policy brief for the Institute for International Economics (IIE)—have been cited often in business reporting about the overall impact of white-collar offshoring on the American economy. However, these findings do not hold up to scrutiny, and in fact, each paper makes excessive claims about the benefits of white-collar offshoring." Source: Economic Policy Institute

Download PDF Report

No comments: