India, China losing Wage Cost Advantage

December 16, 2007 by Chuck | 0 Comments

The mass of outsourcing was triggered by cost inequalities between domestic producers and overseas producers. The study referred to in this article suggests those advantages are diminishing.

It doesn’t mean any jobs will be coming back here. It means now that businesses will look for other countries to house their operations and India and China will lose jobs to “outsourcing”.

The Economic Times: India, China Losing Wage, Cost Advantage

In Trends

Related Posts

Comments

No comments yet.

Leave a Reply