Posted on 07/04/2005 12:22:31 PM PDT by phoenix_004
Coming down heavily on anti-offshoring campaigns, the World Trade Organisation has said predictions that a large spectrum of IT jobs could be lost to cheaper providers from low-income countries like India have been exaggerated. In its annual trade report, the WTO rejected estimates by associations and business consultants that a string of domestic IT jobs, ranging from data entry typists to software developers were at risk from cheaper workforces, such as those in India and the Philippines.
This spate of offshoring reports, which peaked during 2003 and the first quarter of 2004, cited a wider digitisation of information, and the uptake of cheaper broadband as key factors threatening the migration of British IT jobs to India.
''The most curious aspect of this heated debate is that all the expectations and fears of outsourcing and the backlash against it in the high income countries are based on very partial, selective information, mostly from private sources or anecdotal evidence.'' In addition, it noted that the estimated $ 45 billion of offshored IT services accounted for less than 10 per cent of world exports of business services, and less than 2.5 per cent of commercial services for the same period.
The report said while the business process outsourcing is set to progress steadily, it would continue having no dramatic impact on employment in sending or receiving countries. It said: “ New statistical information has pointed to the 'modest' size of the services offshoring trend if viewed from a macroeconomic perspective.“
India's wealth of skilled and cheap labour is also wrongly perceived as ever ending, the WTO added. They explained the country's 8,13,000 employees of the software sector represent under a quarter of one per cent of India's 320-million-strong labour force.
''The supply of skilled workers in India is scarce and is likely to remain so in the foreseeable future. In other words, the situation is not one of an unlimited supply of adequately skilled workers.'' ''The annual growth rates (of offshoring) cited alone might look impressive, but as a percentage of total inflows and outflows in the relative labour market, or as a percentage of total services trade, the numbers are far less impressive.'' The report also said developing countries with a large English speaking population, a strong telecoms infrastructure and a large pool of IT professionals are ''expected to reap large employment and income gains.'' India and the Philippines were identified, with any increase in demand for English speaking IT professionals in services-exporting countries likely to lead to higher wage costs, while the price gap between local and imported services will narrow.
"outsourcing" does vastly more good than harm in the long run.
The third world is, after all the third world.
Fabulous return on investment is possible, but total loss is just as possible. It is indeed a new world, one for the brave to exploit and the coward to fear.
sure, and next they will tell us the ground doesn't get wet when it rains.
This text is white. It's written in Japanese. You are a citizen of the world, not the United States.
"When I snap my fingers three times you will awaken and remember everything except the truth."
Well, gosh, that settles it! Angry aliens have lectured the silly Americans once again why they should just get over it!
Nothing more to say...the WTO globalists, fresh from their posts in various undersecretariats of the UN have weighed in, so we all have to obey! Right? Right!
Just ask the "citizens of the world" on this forum.
I think anti-immigration policies are one of the causes of outsouring. If workers could import their workers they would most likely keep their plants here in the US and we'd continue the brain drain. Unfortantely big bloated government has given itself the power to block such actions. Many on FR agree with this policy and then complain about outsourcing.
This makes no sense. (IMO)
If BUSINESSES could import their workers (whoops)
And open unsecured borders do not cause problems.
Exactly. The "big lie" theory at work, and it matters not how big, how outrageous the lie.
Outsourcing clearly costs American jobs!
" think anti-immigration policies are one of the causes of outsouring."
Ha ha hah ahahah.
Yes, those darn US anti-immigrant policies.... like catch and release, cities that are havens, an open border, no enforcement of employment citizenship verification laws for business, the anchor baby policy, bilingual education, taxpayer funded day laborer centers, etc etc.
this is good for a laugh
Outsourcing makes China stronger, and America weaker. Outsourcing has been and is a dagger to America's heart. Which is why the WTO is so fond of it.
And, I think, the real reason free traitors everywhere love it. The only thing they like better than grasping themselves Michael Jackson style is to hurt Americans.
It would be if the agenda weren't being pushed so hard by folks who should know better...
glad you had a good laugh. :)
No, I'm not so much reffering to those things you mentioned. More like stuff like this:
http://www.freerepublic.com/focus/news/1237232/posts?q=1&&page=190#1
This creates outsourcing.
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