|Outsourcing Is a Problem-Firms are Taking Their Business From Bangalore to Beijing|
|Key Words||Comparative Advantage, Labor, China, India. Outsourcing Business Services|
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Reference ID: A145343031
When we think of outsourcing business services, our thoughts turn immediately to India and other parts of the Asian sub-continent. Call American Express, and you're likely talking with someone half a world away. Since Indians work for much lower wages than American or European workers, it has been cheaper to hire people from India for such tasks. Soon, that may no longer be the case.
|Source||"Watch Out, India." The Economist,May 04, 2006.|
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