GLOBALISATION: outsourcing of services to India Flashcards
1
Q
advantages of outsourcing services to India
A
infrastructure investment
- early investment in Indian Institutes of Technology produced a high number of IT literate workers
poverty reduction
education and training
other
2
Q
disadvantages of outsourcing services to India
A
loss of productive land
unplanned settlements
environmental and resource pressure
other
- inequality increased, India has more billionaires per capita than the UK and more people in extreme poverty than the whole of Africa
3
Q
role of government
A
India opened up to globalisation in 1991
India had a comparative advantage as it is English speaking, a legacy of the British Empire
In 2015 Prime Minister Narendra Modi launched a ‘Make in India’ regime to encourage manufacturing FDI
