Offshoring: Myth and Reality - What the global trade in businessservices means for the UK

Offshoring – the practice of sourcing business services fromoverseas – ignites controversy. The loss of UK jobs in businessservices to foreign providers makes headline news. Theimplication is that the UK has become less competitive in thebusiness services market. But what is the reality? What is theeconomic impact of increased international trade in businessservices on UK firms?This report is an overview of the findings of a team of management scholars selectedby AIM to explore the recent trends in specialisation, outsourcing and offshoring ofbusiness services.[...]