<img alt="" src="https://secure.leadforensics.com/150446.png " style="display:none;">
Go to top icon

Signs of economic stagflation in the United States & its impact on offshore outsourcing

Devendra Deshmukh Mar 02, 2008

Technology

In case of economic stagflation (stagnant growth and rising inflation) is US, many are predicting increase in offshore outsourcing. Major reason stated is pressure on margins will ask for more cost savings by offshore outsourcing. I still feel its 50-50 situation. Due to stagflation, less purchasing power as a  result of weak dollar, more skilled resources/job seekers available in local market at lower cost, pressure to save local jobs may hamper outsourcing to great extent.

Similar Blog

e-Zest is a leading digital innovation partner for enterprises and technology companies that utilizes emerging technologies for creating engaging customers experiences. Being a customer-focused and technology-driven company, it always helps clients in crafting holistic business value for their software development efforts. It offers software development and consulting services for cloud computing, enterprise mobility, big data and analytics, user experience and digital commerce.