Tuesday, June 17, 2008

Take This to the Ballot Box

"Offshoring does create losers, most obviously those whose jobs disappear when business operations are shunted abroad. But on balance it is good for the economy, making domestic firms more productive and generating jobs at home as well as abroad. Just as trade delivers overall gains to developed economies by allowing them to specialise in activities in which they have a comparative advantage, so does offshoring."

http://www.economist.com/research/articlesBySubject/displayStory.cfm?story_id=11506740&subjectID=423172&fsrc=nwl