Offshoring myths shattered

A study by the Organisation for Economic Co-Operation and Development (OECD) that pulls together economic statistics and data from many sources, finds that one in five jobs could be affected by offshoring, particularly in IT, accounting, financial services and research and development. But the long-term economic impact of outsourcing will outweigh any short-term job losses.

A study by the Organisation for Economic Co-Operation and Development (OECD) that pulls together economic statistics and data from many sources, finds that one in five jobs could be affected by offshoring, particularly in IT, accounting, financial services and research and development. But the long-term economic impact of outsourcing will outweigh any short-term job losses.

“Even though some jobs could be lost initially in the domestic economy, ultimately the changes should increase growth and productivity and bring new employment opportunities,” says the report.

This report comes hot on the heels of a US study from the Association of Computer Machinery, which shows that there are actually more IT jobs now than during the white heat of the dotcom boom.

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