RESHORING IN MANUFACTURING AND SERVICES
The extent of offshoring and outsourcing recorded in manufacturing and services in the last two decades has gradually eroded the advantage of the global arbitrage of labor costs. Along with other factors, this process began to change the options of international relocation of some companies that ini...
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| Format: | Article |
| Language: | English |
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Nicolae Titulescu University Publishing House
2014-05-01
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| Series: | Challenges of the Knowledge Society |
| Subjects: | |
| Online Access: | http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=05_economics%2F&download=CKS+2014_economics_art.053.pdf |
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| author | Serghei MĂRGULESCU Elena MĂRGULESCU |
| author_facet | Serghei MĂRGULESCU Elena MĂRGULESCU |
| author_sort | Serghei MĂRGULESCU |
| collection | DOAJ |
| description | The extent of offshoring and outsourcing recorded in manufacturing and services in the last two decades has gradually eroded the advantage of the global arbitrage of labor costs. Along with other factors, this process began to change the options of international relocation of some companies that initially had adopted such a strategy, generating a reverse trend for returning in the country of origin of manufacturing and other activities. This process, called "reshoring," has recently started to gain some consistency. The trend is most notable in the sphere of production. In terms of business and IT services we cannot yet speak of a tangible start of the reshoring phenomenon, as it does in the sphere of production. Nevertheless we can see a slowdown in the offshoring of services and the emergence of new strategies in the field. |
| format | Article |
| id | doaj-art-ae4e6d3c749d4693b73f33087243a4e3 |
| institution | Kabale University |
| issn | 2068-7796 2068-7796 |
| language | English |
| publishDate | 2014-05-01 |
| publisher | Nicolae Titulescu University Publishing House |
| record_format | Article |
| series | Challenges of the Knowledge Society |
| spelling | doaj-art-ae4e6d3c749d4693b73f33087243a4e32025-01-02T13:48:09ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962068-77962014-05-0141511516RESHORING IN MANUFACTURING AND SERVICESSerghei MĂRGULESCU0Elena MĂRGULESCU1Professor, PhD, Faculty of Economic Studies, “Nicolae Titulescu” University of Bucharest (e-mail: margulescu@univnt.ro).Lecturer, PhD, Faculty of Economic Studies, “Nicolae Titulescu” University of Bucharest (e-mail: elena.margulescu@univnt.ro).The extent of offshoring and outsourcing recorded in manufacturing and services in the last two decades has gradually eroded the advantage of the global arbitrage of labor costs. Along with other factors, this process began to change the options of international relocation of some companies that initially had adopted such a strategy, generating a reverse trend for returning in the country of origin of manufacturing and other activities. This process, called "reshoring," has recently started to gain some consistency. The trend is most notable in the sphere of production. In terms of business and IT services we cannot yet speak of a tangible start of the reshoring phenomenon, as it does in the sphere of production. Nevertheless we can see a slowdown in the offshoring of services and the emergence of new strategies in the field.http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=05_economics%2F&download=CKS+2014_economics_art.053.pdfoffshoringoutsourcingreshoringon-shoreTNCs. |
| spellingShingle | Serghei MĂRGULESCU Elena MĂRGULESCU RESHORING IN MANUFACTURING AND SERVICES Challenges of the Knowledge Society offshoring outsourcing reshoring on-shore TNCs. |
| title | RESHORING IN MANUFACTURING AND SERVICES |
| title_full | RESHORING IN MANUFACTURING AND SERVICES |
| title_fullStr | RESHORING IN MANUFACTURING AND SERVICES |
| title_full_unstemmed | RESHORING IN MANUFACTURING AND SERVICES |
| title_short | RESHORING IN MANUFACTURING AND SERVICES |
| title_sort | reshoring in manufacturing and services |
| topic | offshoring outsourcing reshoring on-shore TNCs. |
| url | http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=05_economics%2F&download=CKS+2014_economics_art.053.pdf |
| work_keys_str_mv | AT sergheimargulescu reshoringinmanufacturingandservices AT elenamargulescu reshoringinmanufacturingandservices |