Offshoring
« Do we have to fear the globalization of human capital? »
Jean-Luc Baer
Basile Blancpain
Felix Lademacher
Vladimir Mun
Group Assignment
« International Management »
University of St. Gallen
Dufourstrasse 90
CH ? 9000 St. Gallen
Prof. Dr. Winfried Ruigrok
Offshoring: Do we have to fear the globalization of human capital?
Group 12: Jean-Luc Baer, Basile Blancpain, Felix Lademacher, Vladimir Moon 1
Table of Content
1 INTRODUCTION 2
1.1 Term clarification 2
1.2 Development of offshoring 3
2 INFLUENCE OF OFFSHORING FROM A COMPANY PERSPECTIVE 5
2.1 Influence on companies from developing countries 5
2.2 Influence on companies in developing countries 7
2.3 Summary 8
3 INFLUENCE OF OFFSHORING ON AN ECONOMY AS A WHOLE 9
3.1 Influence on developed countries 9
3.2 Influence on developing countries 10
3.3 Summary 11
4 INFLUENCE ON EMPLOYEES 12
4.1 Influence on employees in developed countries 12
4.2 Influence on employees in developing countries 13
4.3 Summary 14
5 CONCLUSION 15
REFERENCES 17
Offshoring: Do we have to fear the globalization of human capital?
Group 12: Jean-Luc Baer, Basile Blancpain, Felix Lademacher, Vladimir Moon 2
1 Introduction
The authors would like to begin this paper with a quote of the famous night show host David
Letterman: "President Bush is on an eight-day tour of Asia. He's visiting American jobs."
Especially in the United States a great fear of offshoring exists. Many politicians, some
economists and a considerable part of the population have the opinion that their country will,
at least in the long run, suffer strongly as a consequence of offshoring. They opine that
offshoring is an irreversible fact that will lead to huge ...