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| Definition: |
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Delegating (part of) activities to an outside contractor.
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| Context: |
The term “offshoring” is sometimes used synonymously with the term “outsourcing”. However, outsourcing means acquiring services from an outside (unaffiliated) company or an offshore supplier. In contrast, a company can source offshore services from either an unaffiliated foreign company (offshore outsourcing) or by investing in a foreign affiliate (offshore in-house sourcing).
United States Government Accountability Office, September 2004, International Trade – Current Government Data Provide Limited Insight into Offshoring of Services, Appendix II, Washington DC
www.gao.gov/new.items/d04932.pdf>.
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| Source
Publication: |
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Adapting new technologies to census operations, Arij Dekker, Symposium on Global Review of 2000 Round of Population and Housing Censuses: Mid-Decade Assessment and Future Prospects, Statistics Division, Department of Economic and Social Affairs, United Nations Secretariat New York, 7-10 August 2001, Glossary.
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| Statistical
Theme: Financial statistics |
| Created
on Tuesday, August 13, 2002 |
| Last
updated on Friday, November 26, 2004 |
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