Wednesday, January 9, 2013

The manufacturing industry reflux United States is definitely not overnight can become

The American make manufacturing reflux clearly difficult to be completed in a short time.

Apple, GE and other large manufacturing jobs back to the U.S. has been highly anticipated by the Obama administration. Precisely for this purpose, in the beginning of the second term of presidency, Obama brought together 14 large enterprises responsible person, the theme of "insourcing American jobs" roundtable held at the White House, urging businesses to more overseas jobs brought back to the United States, in order to promote economic growth and reduce the unemployment rate.

Manufacturing reflux will bring many reality benefits to American and European countries. Manufacturing reflux is an important means to stop developing countries quickly catch up from the long-term macro-national level strategy, manufacturing outsourcing, there can be no proliferation of capital, technology and resources. From the point of view of the short-term social stability, manufacturing reflux is also beneficial to reduce the employment pressure, promote economic recovery.

However, from the point of view of economic efficiency and multinational operation itself, this policy is the medium-and long-term is difficult to avoid the "inefficient". From the perspective of globalization, the so-called "manufacturing reflux" is the inverse of the trend of globalization.

Inverse globalization of the fundamental problem is that government intervention and lower economic efficiency. Difficult long-term sustainability of the preferential policies of the U.S. government economic intervention, with the continuous improvement of the deficit ceiling, the pressure of the austerity will continue to increase once the economic signs of improvement, preferential subsidies consider the withdrawal will be the parliamentary debate on primary problems. Such as the United States now QE3 policy is likely to expire in 2013, the end.

For multinational companies, faced with the rising cost of production in developed countries in Europe and America. Although the Atlantic (9.45,0.00,0.00%) Monthly lengthy written on insourcing boom "(The Insourcing Boom) some data to demonstrate that the labor costs in China rising fast, and is likely to overtake the United States in the near future. However, such data and analysis clearly "do not fly".

Mentioned in the "insourcing boom" wages in China five times in 2000. This is clearly inconsistent with the facts, to improve the level of the minimum wage in China is only in recent years implemented already disclosed to the domestic media 10 years of labor wages unchanged. "Revival of U.S. production - why manufacturing will return to the United States" provided the data is even more absurd to 2010 Chinese factory hourly production wage of $ 8.62, this calculation, working eight hours a day, working 22 days a month, then to reach about 9,500 yuan monthly salary. Even domestic manufacturing pay higher Foxconn, and it may reach even half of this figure.

On the other hand, the "insourcing boom" referred to the U.S. trade unions are willing to accept tiered salary scheme, in which 70% of the trades will be lower remuneration, remuneration of about $ 13.50 per hour, almost $ 8 lower than before. Point of view the situation is currently more a temporary compromise, there is no long-term efficiency.

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