Internet Spice Route

Post on 16-Jan-2015

485 views 3 download

Tags:

description

This is a PPT on a chapter from The Elephant and the Dragon by Robyn Meredith presented to the McGehee School economics' class in New Orleans.

Transcript of Internet Spice Route

Emily

How India has developed into the technology center of the world today:

OFFSHORING: the new practice of moving white-collar work overseas.

OUTSOURCING:a company’s practice of farming out some of its work to another firm, whether that firm is in the same country or abroad.

Reasons behind

outsourcing &

offshoring:

THE Y2K SCARE

WHAT DO YOU MEAN THAT YOU OUTSOURCED OUR JOBS TO THE SOUTH POLE?!

Our Outsourced World

INDIA

“One day this will all be outsourced.”

THE FLIPSIDE

“Rather than shipping exports over

bumpy roads to slow-moving seaports, they were able to send

exports over computer wires, telephone lines, and satellite links” (89).

• Silk Road• Changes: Job shift• Internet—Y2K• Offshoring• Differences between India and China

– Economic position compared to China• Difference between poor and middle class• Less factories than in China• Who is benefitting from this new information• Globalization

Works Cited

Meredith, Robyn. The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us. New York: W.W. Norton & Company, Inc., 2008.