StudentShare solutions
Triangle menu

Offshoring - Essay Example

Extract of sample
Offshoring

The work of Robert Reich focuses on different reasons of growing poor and rich discriminations in the US. This paper identifies various reasons and discuses their further reasons and consequences. It then tries to evaluate some policies which are needed to prevent the unexpected situation of income inequality. And the last paper, Roger LeRoy Miller, Daniel K. Benjamin and Douglass Cecil Northfocuses on the various facts and figures of prevalence of poverty in the US and suggests several policies which are needed to be implemented by the government to restrict the situation. The problem of low income and income inequality mainly arises from offshoring and calls for appropriate policies from the side of the government Blinder: The main purpose of his work is to relate the concept of offshoring with the US labor market and to understand its problems and possible solutions and effects. The key question of this paper is how to prepare the future labor force of US in the face of rapid offshoring of US companies. Over the last few years the demand for labour has shifted from technologically low skilled, less educated people to high skilled and well educated people. This led to income inequalities in the US.Hence, policies were needed to be applied. In the 1990s, the United State Congress has used the policy of raising the minimum wage and has increased the Earned Income Tax Credit (Blinder, 2009, p. 9). With the combination of the tight labour market, these policies have raised disposable income of the average workers and have improved their living conditions. But the basic assumption behind this success was that there was not any labour migration during this time of policy evaluation. The major future challenge for the US is “offshoring”. In the US, service sector offshoring has not been that much significantly higher; only 1% of the total services jobs have been offshored so far (Blinder, 2009, p. 10). There can be three basic reasons for more increment in the offshoring of services jobs. First, there are more absolute numbers of services jobs compared to that of manufacturing jobs. Second, technological advancements are more related with the growth of services jobs. Hence, recent developments in technologies have caused this difference in the growth paths. And finally, the labor market of India and China are more consistent with the technologies related to services jobs.The author has distinguished between two types of facts that are responsible for offshoring – personal and impersonal reasons. This is the most important information that the author has pointed out and this is the key idea of the whole paper. In this context the author suggested few points that are needed to be considered while preparing the future labor force of the US- putting more emphasis on education of children, focusing on one link (like technology) at a time and differentiating between novel differences with the traditional differences in jobs.One of the possible implications of these policies is that there would be huge income differences, not in terms of educational level, but also in terms of the skills that workers have. But in the future education will not become constrained. For public jobs, increases in the salary scales can work well in this regard. Again, some o the jobs are lacking proper training ...Show more

Summary

Article Summary Abstract: The problem under study is the root cause and remedies for low income and income inequality related issues arising mainly from offshoring. The idea is to recommend measures for improvement. The paper written by Alan Blinder focuses on the existing problems associated from offshoring in the US labor market and its various reasons, implications and solutions…
Author : hamillclaudia
Offshoring essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Offshoring"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Brazilian Offshoring Sector
(Add Student’s Name) (Add Tutor’s Name) (Add Class Information) (Add Date) Brazilian Offshoring Sector 1. The following part examines the Brazilian offshoring sector in terms of six categories of determinants of entrepreneurial performance. Access to Capital In term of access to capital, the Brazilian offshoring sector offers competitive opportunities to clients.
5 pages (1250 words) Essay
Offshoring Service Sector Jobs
One can witness the development and expansion that the world is experiencing in every facet of life, whether it is social, political, and economic development or technological and scientific advancements. Besides, these innovations in such vast fields are leaving an indelible imprint on to the entire populace of the world, thus, making the world a global place where all the people can communicate and travel promptly within no time (Feenstra & Taylor, pp.
8 pages (2000 words) Essay
Offshoring
Challenges regarding maintenance of quality and quantity often force the companies to shift some of their operations to other countries or a site which is referred to as offshoring. The objectives of offshoring may be understood keeping in view the challenges that are faced by the particular company.
5 pages (1250 words) Essay
Offshoring
The world is becoming more and more interdependent and whether you think globalization is a good or bad thing, it is here to stay. Offshoring, meaning the subcontracting of employment to other countries, is an increasingly common phenomenon with global ramifications (the terms "offshoring" and "outsourcing" will be used interdependently here).
10 pages (2500 words) Essay
Reverse Offshoring from India
However India's software advantage through proficiency in English language and low cost of IT workers came about only after growth of telecommunications which also saw explosion of the internet. This gave birth to the trend of offshore outsourcing. (Reingold, 2004).
4 pages (1000 words) Essay
OUTSOURCING AND OFFSHORING
source or offshore and this may includes: lack of accessible skills to complete a process, need to change poor internal service, lack of internal resources that serve to accomplish a business process, perceived difficulty with regard to managing the process following the
1 pages (250 words) Essay
Offshoring (Offshore Outsourcing)
Outsourcing does not imply the relocation of jobs and production. It just refers to creating more facilities for production and job avenues. An example of offshoring is creating an IT department outside the home country in other
1 pages (250 words) Essay
Offshoring And Outsourcing
These depend on the benefits the company feels accrue in terms of lowered labor cost, Grow global market share, favorable tax conditions, more lenient environmental regulations, proximity to raw materials, lowered import capital cost, and time the need to avoid national currency fluctuations among other reasons.
1 pages (250 words) Essay
Outsourcing and Offshoring
The department was highly relevant considering that WW Company had structured itself to meet the rising need for IT infrastructure to facilitate development. Changes made have ranged from
8 pages (2000 words) Essay
Offshoring
Outsourcing is practiced almost by every company mainly because it is cost-effective. Often, there arise misunderstandings on the precise achievement a firm attains by outsourcing its services. Using Walmart as case study, this paper investigates the impact of
1 pages (250 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment