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Essay text:
He's visiting American jobs."
Especially in the United States a great fear of offshoring exists. Many politicians, some
economists and a considerable part of the population have the opinion that their country will,
at least in the long run, suffer strongly as a consequence of offshoring. They opine that
offshoring is an irreversible fact that will lead to huge job losses in developed countries and
that politicians have to counteract this development through protectionist regulations. The
authors of this paper try to give an overview of the consequences of offshoring and to answer
the question: "Offshoring: Do we have to fear the globalization of human capital?"
This paper is divided into several parts...
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