Internet Spice Route

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Emil y

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

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Emily

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

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

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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.

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Reasons behind

outsourcing &

offshoring:

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THE Y2K SCARE

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

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Our Outsourced World

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INDIA

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“One day this will all be outsourced.”

THE FLIPSIDE

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“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).

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• 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

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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.