While reading the article, The politics
and economics of offshore outsourcing, N. Gregory Mankiw and Philip Swagel talk
about offshoring outsourcing and the effect on the United States. They gathered
data, from about 1990 to about 2004, regarding the Bureau of Economic Analysis
and comparing employment and income to United States and foreign corporations.
In class, we learned that there are different
industries that use offshore outsourcing and that both countries can gain, as a
result, of this. Technology can also play a part in offshoring outsourcing
because of the example used in last class and given that technology is ever
changing.
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