Do you ever worry that low cost products made in low wage countries are the result of exploitation of labour?
I absolutely do, offshoring relocates business to the lowest bidder and when you go to countries with no jobs, you call the shots and they'll take anything you give
Over time, would you expect those cheap labor markets to become less cheap as foreign capitol flows in?
With all the immigration and mass migration going on, I feel like the cost will get even lower
Interesting standpoint. What about sub-sarahan Africa as a new emerging market for outsourcing? It seems to be the last frontier of truly untapped labor.
It'd make sense with such a huge population, the Economy of Africa relies on trade solely for its income so things like outsourcing will undoubtedly make their way in
China has been investing heavily there. Especially for agrictultural endeavors.
The United States has a powerful nuclear weapons armament, it's allowed them to be as persuasive as they want unfortunately