• 1 EXECUTIVE SUMMARY
  • 2 TABLE OF CONTENTS
  • 3 INTRODUCTION
  • 4 OFFSHORING
  • 4.1 More business services are purchased from the UK than the UK purchases from overseas
  • 4.2 How does the UK position compare to other G5 countries?
  • 4.3 In which types of business services does the UK have a trade surplus?
  • 5 OFFSHORING IS PART OF A MORE GENERAL TREND TOWARDS SPECIALISATION ANDOUTSOURCING
  • 5.1 Offshoring in the context of domestic outsourcing
  • 5.2 Who is purchasing business services?
  • 6 IMPLICATIONS FOR THE UK ECONOMY
  • 6.1 What does the economic theory tell us?
  • 6.2 What has outsourcing and offshoring meant for the UK so far?
  • 7 FUTURE RESEARCH
  • 8 APPENDIX: REFERENCES AND DATA SOURCES
  • 9 ACKNOWLEDGEMENTS .