Outsourcing

Outsourcing has become one of the fastest growing trends in the business world. There are many reasons that a company would elect to use outsourcing. Among them is the fact that it provides an almost immediate opportunity for savings as well as a noted improvement in quality. At the same time, these savings are often gained to the detriment of American workers. Research has shown that outsourcing has both positive as well as negative impacts on an organization. By reading articles pertaining to outsourcing and its pros and cons, one can see how important it is to make sure the pros do not outweigh the cons or vice versa.
As this is an election year, more attention than ever before is being placed on the issue of outsourcing. As noted by Daniel Drezner in his article, “The Outsourcing Bogeyman”, there are many possible problems with outsourcing. He quotes statements by many government officials who are not in agreement with outsourcing. However, he makes his readers aware of the fact that, “…if their exaggerated alarmism succeeds in provoking protectionist responses from lawmakers, it will do far more harm than good, to the U.S. economy and to American workers.” This is an interesting remark. Employees of organizations usually do not benefit from outsourcing and are often at risk of becoming redundant. At the same time, Drezner shows us that challenging the current outsourcing conditions could also have a negative impact on American workers.
In his article, “Questioning Free Trade Mathematics”, Jeff Madrick poses the question, “How much has the exporting of jobs to foreign nations contributed to the lack of jobs and the absence of wage growth in the current expansion at home?” Throughout this article, Madrick attempts to answer this question and shows the negative ...
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