When offshoring can work

I can’t believe I’m writing about this, but here goes…

Offshoring is part of a continuing trend of economic displacement. In its current form, it’s been going since about the mid ’70s, when cheap bulk transportation (ocean-going cargo ships) combined with an increase in industrialisation in undeveloped countries (specifically: Japan and Taiwan at the time) started to result in manufacturing jobs heading to cheaper countries. This trend continued, and now the vast bulk of manufacturing work occurs along the Asian Pacific Rim (though I’d expect Africa to pick up if the political situation there ever stabilises).

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