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Global labor arbitrage
Global labor arbitrage is an economic phenomenon where, as a result of the removal of or disintegration of barriers to international trade, jobs move to nations where labor and the cost of doing business (such as environmental regulations) is ''inexpensive'' and/or impoverished labor moves to nations with higher paying jobs.〔Paul Craig Roberts (07/28/04).("Global Labor Arbitrage" ). ''VDARE''.〕〔The "global labor arbitrage" phenomenon has been described by economist Stephen S. Roach. See Mike Whitney, ("Labor arbitrage," ) ''Entrepreneur'', June 2006.〕
Two common barriers to international trade are tariffs (politically imposed) and the costs of transporting goods across oceans. With the advent of the Internet, the decrease of the costs of telecommunications, and the possibility of near-instantaneous document transfer, the barriers to the trade of intellectual work product, which is essentially, any kind of work that can be performed on a computer (such as computer programming) or that makes use of a college education, have been greatly reduced.
Often, a prosperous nation (such as the United States) will remove its barriers to international trade, integrating its labor market with those of nations with a lower cost of labor (such as India, China, and Mexico), resulting in a shifting of jobs from the prosperous nation to the developing one. The end result is an increase in the supply of labor relative to the demand for labor, which means a decrease in costs.
==Forms of global labor arbitrage==
Global labor arbitrage can take many forms, including but not limited to:
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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