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Intriguingly enough, without outsourced jobs from first-world countries, economic development in the third world would be even slower and labor standards poorer
by sans-serif 15y ago
Intriguingly enough, without outsourced jobs from first-world countries, economic development in the third world would be even slower and labor standards poorer due to the lack of employer competition.
- Klinky 15y agoAre you implying a chicken and egg scenario whereby a third-world needs a first-world before it can become a first world? Going by that logic there should have never been a first world country in the first place. Who was the United States' United States? Much of the third world is the way it is due to a history of instability, violence & repression, not necessarily a lack of well to do business men looking for an opportunity to avoid having to deal with pesky ideals such as labor regulation. While it's great that Chinese have the option now of working 12+ hour plus days 6 days a week instead of going off & dying in a rice patty field, somehow I doubt philanthropic philosophy is the reason business goes to China.
- gnosis 15y ago"Who was the United States' United States?" Great Britain.
- zppx 15y agoThis however is not applicable to every developing country, here in South America the majority of foreign companies are here because of the local market potential and not generally to produce here and send to another place in the globe, this happens mainly because of the existence of China and India that are more cost effective for this type of market than industries in South America.