Global business process outsourcing is going from strength to strength, and while developed countries have dominated as sources of investment, developing countries are also starting to emerge.  

The headlines being made by 'reshoring' would suggest that offshoring has had its day. However, as Tracey Hyatt Bosman of Biggins Lacy Shapiro & Co explains, the situation is much more complex than that.

After more than a century in business, Ursus, a Polish agricultural machinery manufacturer, was on its last legs in 2011. Chief executive Karol Zarajczyk tells Michal Kaczmarski how his company went from nearly perishing to selling a $90m contract. 

A host of new developments are promising to transform the Polish city of Lodz, which has been struggling to emerge from the shadow of its textiles manufacturing past.

Locations are taking advantage of the growing demand for healthcare, bringing together academia, big industry, start-ups, hospitals and sources of capital to create thriving specialised biomedical-pharmaceutical clusters.

The Seychelles is not only an idyllic tourist destination, it is also an increasingly attractive location in which to do business, thanks to its impressive IT infrastructure, high literacy rates and favourable tax policies. 

Jamaica has set itself the target of becoming the number one global trade hub in the Americas, exploiting its position near the Panama Canal and playing to its strengths as a service-based economy. The country's minister of industry, investment and commerce, Anthony Hylton, tells Courtney Fingar how this ambitious plan is progressing.