offshoring

Examples of offshoring in the following topics:

• Offshoring

  • Even state governments employ offshoring.
  • More recently, offshoring has been associated primarily with the sourcing of technical and administrative services that support both domestic and global operations conducted outside a given home country by means of internal (captive) or external (outsourcing) delivery models.The subject of offshoring, also known as "outsourcing," has produced considerable controversy in the United States.
  • Offshoring can be seen in the context of either production offshoring or services offshoring.
  • After its accession to the World Trade Organization (WTO) in 2001, the People's Republic of China emerged as a prominent destination for production offshoring.
  • After technical progress in telecommunications improved the possibilities of trade in services, India became a leader in this domain; however, many other countries are now emerging as offshore destinations.

• Outsourcing

  • The definition of outsourcing includes both foreign or domestic contracting , which may include offshoring, described as "a company taking a function out of their business and relocating it to another country. "
  • When companies offshore products and services, those jobs may leave the home country for foreign countries at the expense of the wealth producing sectors.

• Outsourcing

  • In the early 21st century, businesses increasingly outsourced to suppliers outside their own country, sometimes referred to as offshoring or offshore outsourcing.

• Wind power

  • David Toke of Birmingham University (UK) estimated as far back as 2007 that onshore wind power produced electricity at the equivalent oil price of $50–$60 a barrel (before payback) – and offshore wind power is pumping out energy at the equivalent of $70–$80 per barrel (before payback).