7 ms·
What you are not getting is that while outsourcing does mean cheap labour for Europe and US, it is not necessarily cheap for India(you mentioned keeping in-hous
by g__g 18y ago
What you are not getting is that while outsourcing does mean cheap labour for Europe and US, it is not necessarily cheap for India(you mentioned keeping in-house). What you think is cheap are standard wages in India. It is cost cutting for US companies but not for Indian companies.
- jbert 18y agoNo, I do get that. Perhaps I wasn't clear. I was trying to point out that these same pool of people (low-paid workers in India and/or China) are necessary to the economies of all developed economies. And so it's not really fair to say India isn't a developed economy simply because it contains this pool of people.