MEASURING GLOBAL OUTSOURCING AND ITS EFFECT ON FIRMS PRODUCTIVITY

Abstract

:ANNOTATION. This article discusses the role of outsourcing in the world economy and in the activities of companies. In order to estimate the size of the international market of outsourcing, the authors summarize the statistical data from various sources and analyze it in comparison with other secondary macroeconomic indicators. There is some empirical evidence to show the importance of outsourcing in increasing the efficiency of companies that are the main subjects of the outsourcing market. INTRODUCTION. In today's globalized and digitized economy, the concept and practice of outsourcing is gaining popularity. Especially in the post-pandemic period, the need for remote business tools has increased dramatically. Outsourcing is supposed to be the most effective solution to a number of problems, such as reducing costs related to time and distance, coordinating financial relations, preventing interruptions in supply chain and logistics. In order to measure the extent of outsourcing in the global economy and in the activities of companies, as well as to evaluate its effectiveness, this article analyzes the existing indicators related to outsourcing with important macroeconomic indicators, including the export of services and semiconductors, the export of IT services, and the degree of internationalization of companies. Finally, a conclusion summarizes through a comparative analysis of income.

Keywords:

:Outsourcing, Outsourcing market, Business Process, Productivity, Internationalization, Application Service Provider, Industry, Information Technology, Remote Services, Freelancer.