Feature

Politics and Economics of Offshore Outsourcing

Offshore outsourcing is forcing major changes in terms of job content, location, wages and job security--it's an economic nreality and many are completely unprepared. Instead of debating its impact on the economy, experts suggest that the U.S. nntransform its social safety net (unemployment insurance, tax credit, health insurance, pensions etc.), prepare the workforce nnfor the future, and climb up the comparative advantage ladder through innovation.