Monday, December 22, 2003

New Economy: Offshore Jobs in Technology: Opportunity or a Threat?

New Economy: Offshore Jobs in Technology: Opportunity or a Threat?: "So what is really happening? Is the offshore outsourcing of technology jobs a cataclysmic jolt or a natural evolution of the economy?
The short answer is that the trend is real, irreversible and another step in the globalization of the American economy. It does present a challenge to industry, government and individual workers. But the shifting of some technology jobs abroad fits into a well-worn historical pattern of economic change and adjustment in the United States."

Check out Lester Thurow's new book,
Fortune Favors the Bold : What We Must Do to Build a New and Lasting Global Prosperity
, for a timely and interesting review of related topics.
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