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A brief analysis of the outsourcing industry in Romania

Author

Listed:
  • Andreea Burciu
  • Mihaela Mihai

Abstract

Outsourcing is rather a new way of doing business and optimising a company's processes. The paper offers an overview of the definitions of the term, which are the benefits and the risks of the choice of outsourcing and how should this decision be made. Using various sources, we tried to create a proper image of this industry and explain what it will be still growing in the future. The study aims to address the global landscape and then focus on Romania's position on the market by using data provided by the National Bank of Romania and the International Monetary Fund, as well as consultancy companies.

Suggested Citation

  • Andreea Burciu & Mihaela Mihai, 2015. "A brief analysis of the outsourcing industry in Romania," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(56), pages 103-118, June,.
  • Handle: RePEc:rej:journl:v:18:y:2015:i:56:p:103-118
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    More about this item

    Keywords

    outsourcing; information technology; global economics; optimisation;
    All these keywords.

    JEL classification:

    • D20 - Microeconomics - - Production and Organizations - - - General
    • F6 - International Economics - - Economic Impacts of Globalization
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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