When countries start offshoring the CEOs I'll believe it's a good thing...
...otherwise it sounds insane for a country to cannibalize it's GDP for the sake of lower prices? NO...more social services? NO....more stable work force (somehow)? NO....for higher margins (of many types) that go in the hands of a relative few people who can't in ANY RATIONAL WAY make up the volume of spending in the general money supply that they're absorbing into savings or buying 10 yachts
There's little shared sacrifice here and destabilizing a workforce by flooding it seems to by Pyrrhic at best.