Another Reason Why Outsourcing is Good

Filed in archive Outsourcing Pros and Cons on April 2, 2004

According to BusinessWeek, outsourcing has been the cause of latest upward movement in developing countries.

Quoted from "The Global Payoff from Outsourcing":

Key to understanding the impact of multinational corporations in the Information Age is not to focus on low wages but to realize how much knowledge and incentives for hiking skill levels they bring into developing markets.

"Countries that integrate with the rest of the world and invest in education are moving up the economic ladder," says Paul Laudicina, a managing director at A.T. Kearney

According to A.T. Kearny, offshoring hot spots are:

1. India
2. China
3. Malaysia
4. Czech Republic
5. Singapore
6. Philippines
7. Brazil
8. Canada
9. Chile
10. Poland
11. Hungary
12. New Zealand