Offshoring: the impact on the German economy

offshoring

In times of global networking and digitalisation, German companies are faced with the decision of whether they should rely on offshoring. German offshoring led to the creation of 475,000 new jobs in Eastern Europe from the 1990s onwards. Germans are offshoring jobs primarily because of the lower costs. While German companies are benefiting from offshoring, their economy is losing out. But what exactly ... Weiterlesen