Do you mean that by oursourcing we support 3rd world countries? If so here I absolutely agree but as my personal experience shows finding a good outsourcing partner no matter from what country - is a complicated task.

All in all much better to find someone who will spend night hours sitting at a desk next to you, catering about the project and feeling that personal responsibility.

Big big downside of hiring developers who are far far away - very low personal sense of responsibility in most cases.