As a result, exports of business services have grown faster than imports since 1995.
Even so, exports of business services and goods were 9.5percentt higher than in February 1999.
The OECD looked at the value of exports of business services as a proxy for offshoring in 1995-2002, and found that growth was greatest in India.
This measure understates the total impact, though, because it ignores the spillover effects of exports on business confidence, investment, employment and consumer spending.
Moreover, in the early 21st century, the export of services including business services and technology consultancy services was significantly greater than the export of goods.
The Ex-Im Bank is supposed to enable the export of small business products that would otherwise be difficult to sell abroad.
As curious as this American-export style of business sounds, it is not unusual.
CORONATION HOLDINGS CEO: David Barnes Financial services South Africa www.coronation.co.za Date of inception: 1992 Number of employees: 160 Share of annual revenues exported: 30% of business generated outside home market.
A sharp rise in the renminbi could drive thousands of export factories out of business and cause large-scale layoffs, which the Communist Party fears as potentially destabilizing.
She nurtures export opportunities; phalanxes of business figures have accompanied her on six trips to China, where she always lingers long enough to explore a different province outside Beijing.
