Transfer of industries to low-wage countries
Other Names: Displacement of employment opportunities to low-cost countries
Nature: Many commercial organizations are continually looking around to see if off-shore production can increase their profitability. This can result in exploitation of unprotected workers in low wage countries and abandonment of economies and workers in the countries they depart from.
Counter Claim: Most reductions in available jobs and cuts in wages arise because of technological improvements and a change of organizational ethos that are much more to do with competition with and between rich countries than between richer and poorer countries.
Problem Type: D: Detailed problems
Date of last update 01.01.2000 – 00:00 CET