Exploding the Myths About Offshoring

April, 2004

By Martin Baily, Senior Advisor and Diana Farrell, Director, McKinsey Global Institute

This essay from MGI sheds new light on the current debate about offshoring. It states that MGI research demonstrates the significant benefits the U.S. can gain from offshoring through new jobs, greater productivity, corporate savings, additional exports, and repatriated profits.

Baily and Farrell also cite concrete options for political and business leaders to help workers make the transition to a new global economy.

This report can be downloaded free of charge from the MGI web site at http://www.mckinsey.com/knowledge/mgi/rp/offshoring/