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Second, it acknowledges that more companies angling for government contracts are likely to include offshoring in their tender bids.
This is not offshoring in the sense the word has been used for the past three decades; instead, it is being "onshore" in new places.
"In the past, we tried a great deal of offshoring in the countries to the east; we went to Hungary, to Poland," Mr. Haas said.
Another important reason, though, was to be near customers in big new markets, which this report does not see as offshoring in the conventional sense.
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.
It is now adding hundreds of IT engineers at a new centre in Van Buren Township in Michigan.This special report will examine the changing economics of offshoring in the corporate world.
Similar(41)
The G20's research group co-director, John Kirton, said the practice of "offshoring" - in which companies shift headquarters from their countries of operation to seek out lower-taxing jurisdictions - raised the question of what is the right level of corporate tax among G20 companies.
Who wins in offshoring and who loses?
The Other Risks In Offshoring.
It was set up offshore in 1993.
There's a hundred billion dollars offshore in frozen assets alone.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com