So is globalisation to blame for the rich world's recent anxieties or not? Unfortunately, the new theories of offshoring can deliver opposite verdicts depending on precisely how they are set up. As James Markusen, of the University of Colorado, mischievously puts it, "I am confident that I can concoct a model to generate any result desired by a reader with a deep pocketbook." If only every worker were as versatile.
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From the Economist
This article first appeared in The Economist. For more, visit www.economist.com.
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