Offshoring and the Economy

Paper Summary:

The paper contends that although offshoring may reduce prices, it is a poor business practice for many reasons. The paper explains why it hurts the American economy and harms American workers. The paper discusses how offshoring creates poor working conditions for many workers and argues that this practice should be more regulated to ensure that American companies do not exploit foreign workers in the name of saving money.

From the Paper:

"Offshoring, also known as outsourcing, has influenced the American economy since the 1990s, when it first became widespread. It has removed jobs from American workers, created economic woes in many industries, and has created sweatshop like working conditions in many manufacturing environments. It has gained more attention recently because many American consumers are unhappy dealing with outsourced service employees, and they have been complaining about the service quality to many companies. Many experts in the field believe not enough is being done to regulate the use of offshoring, and to help guarantee the rights of American workers."

Sample of Sources Used:

• Bivens, L.J. (2006). Offshoring issue guide. Retrieved from the Economic policy institute Web site: http://www.epi.org/content.cfm/issueguide_offshoring 21 May 2007.
• Brown, S. P., & Siegel, L. B. (2005). Mass layoff data indicate outsourcing and offshoring work. Monthly Labor Review, 128(8), 3+.
• Jones, G. (2005). Multinationals and global capitalism: From the nineteenth to the twenty-first century. Oxford: Oxford University Press.
• Ramstack, T. (2004, June 10). Union shielding sought from 'offshoring'; Ranks of organized labor swell as workers struggle to keep their jobs. The Washington Times, p. C10.

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