Software developer paid Chinese firm about $50,000 a year to do his work, then spent the day surfing the web, watching cat videos and updating his Facebook page (How a 'model' employee got away with outsourcing his software job to China
One need not be an economist to figure out that, while all currencies can depreciate against something else (like gold, land, and other real assets), by definition they cannot all depreciate against each other.
“Although globalization isn't quite the hot topic it used to be, the subject is still a vital one. Historically, discussions about globalization involved the movement of three things: capital, people, and resources.”
Andrew Ranson's insight:
Interesting perspective on the impact of serving the "bottom billion".
A new twist on outsourcing: employee outsources work to China Lexology (registration) Through its investigation into a bizarre number of remote-access log-ins from Shenyang, China, the IT department and third-party investigators discovered that Bob...
Regionalization vs. Globalization · Email this post · Print this post. By Guest Author - January 27th, 2013, 6:00AM. PERMALINK Category: Think Tank. Twitter Tweet · Facebook · Reddit · Digg this! Leave a Reply.
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