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Politics : Politics for Pros- moderated

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To: kumar who wrote (36066)	3/22/2004 3:21:32 PM
From: Elsewhere	Read Replies (1) of 793718

Because if it is so, why all the noise about hi-tech jobs being offshored? Insufficient knowledge. Any US dollar invested abroad creates on average about $1.12 value domestically and $0.33 abroad. These numbers are from a McKinsey study: Offshoring: Is it a win-win game? mckinsey.com For Germany the ratio is negative: each euro invested abroad generates only 0.73 € domestically. [Sorry, can't find the source for this tidbit any more.]

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