OFFSHORING AND OUTSOURCING IN VISEGRAD COUNTRIES. ADVANTAGES AND DISADVANTAGES

Abstract

Outsourcing and offshoring are getting more and more popular in the “new EU” countries. They constitute very attractive venues for more developed EU countries to outsource or offshore their business activities. Authors of the article have investigated the advantages and disadvantages of locating outsourcing activities in each of the Visegrad (V4) countries. The authors have studied macroeconomic factors based on the reports of international organizations. They helped to resolve the following research problems: what are the key barriers for investors who intended to outsource or offshore in V4 countries, what factors inflict those problems, do Visegrad countries have similar problems and finally, which country according to the collated data and analysis creates best conditions to outsource or offshore business. The main objective of this paper is to identify advantages and disadvantages of investments in V4 countries and to update information about investment conditions of those economies.