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This paper will discuss the current and future status of service offshoring, and will argue primarily that owing to certain natural constraints on offshoring, there is limited prospect for future growth in this field. In particular service offshoring will not be the cause of massive job dislocations as was the case with manufactures offshoring. The paper will examine both empirical and theoretical reasons why this is the case, and will synthesize the two when appropriate. Particular attention is paid to diverse reasons for the rise of offshoring, including those resulting from economic, political, historical and managerial rationales. The interplay of factors that gave rise to manufactures offshoring is examined, as is its relation to future growth in service offshoring. The paper will then entertain arguments against service offshoring and its continued growth, and will argue that such growth is likely to be mild and short-lived, and that benefits redound to all participants in offshoring, but especially to developed Anglophone nations. Finally, the associated issue of the particular effects of offshoring on developing-country participants is discussed, as are possible political and economic remedies for those minor adverse effects of increased offshoring, both for developed and developing countries.

This article looks at the changed role of the OMB in American budget making. It argues for the re-establishment of a powerful but comparatively non partisan office.

The reformed congressional budget process is no longer new. This fact alone invites an assessment of the experience of budgeting under the procedures enacted in 1974. But there is a more pressing reason for undertaking such an assessment. Today, there is widespread unhappiness with the congressional budget process. In recent years the deadlines of the budget process have repeatedly not been met, resulting in incomplete budgeting and the proliferation of proposals to abolish or reform the budget procedures enacted in 1974.Consequently, this paper will first outline the reformed budget procedures and establish the goals of the 1974 Budget Act. The second section assesses whether the goals of budget reform have been achieved. In short, the answer is a negative one. The third section explains why the goals of budget reform have not been met, and the final section evaluates the main proposals advanced for changing the budget process.

Assessment of the experience of budgeting under the procedures enacted in 1974.