Playing at home again

摘要

As politicians the world over are keenly and often painfully aware, large-scale outsourcing of labour-intensive jobs to lower-wage regions has been a powerful theme of post-Cold War globalisation. For companies in the rich world, much of the advantage of outsourcing has been cost saving, although gaining access to emerging markets and diversifying talent pools are also factors. However, much evidence points to rising wage rates in emerging markets, and in aviation that means maintenance, repair and overhaul (MRO) work is set to migrate back home, particularly to North America.