Title: Advantages of outsourcing by Multinationals - Economics Help
Headings: Advantages of outsourcing by Multinationals
Advantages of outsourcing by Multinationals
Readers Question: Is outsourcing beneficial for multinationals and their home countries?
The Benefits of Outsourcing for Multinationals include
Benefits to society of outsourcing
Problems of Outsourcing
Benefits of Outsourcing for developing economies.
Costs of Outsourcing for developing economies
See also:

Content: Outsourcing is a growing phenomenon among developing countries. There is controversy about whether outsourcing actually benefits developing countries. But some benefits include
Creates Direct Foreign Investment. This boosts the rate of economic growth and can lead to improvements in infrastructure and confidence in the economy. Creates Employment. Outsourcing has provided a new arena of employment, especially for developing economies with good standards of English and skills. A benefit to balance of payments. ( inflows of investment. This enables a developing economy to run a larger current account deficit and have a better standard of living. Extra demand for workers may put upward pressure on wages in the long term.