Business Process Outsourcing News and Information

Outsource. The moment one utters the word in US or UK or Westen Europe, you will get an instant negative reaction to it. There are many will endlessly debate on the ethics of having companies paying low wages to employees in offshores.

But when economists take a dispassionate global view on the idea, you will get to know that— outsourcing makes a lot of sense. T.J. Brooks, an associate professor of economics at the University of Wisconsin-La Crosse said, “In many people’s minds, the notion of competing against another country is like a basketball game. Someone has to win. But it’s not a zero-sum game.” Don Salyards, entrepreneur and professor of economics at Winona State University said, “It’s as old as the hills. The only reason it has all the buzz right now is because you’ve got them going overseas. Outsourcing has always cost someone a job and gotten someone else a job.”