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pampango

(24,692 posts)
23. If wages rise in India and China (combined 2.4 billion people) some jobs might go
Sat Mar 3, 2012, 07:04 AM
Mar 2012

to other, smaller Asian countries or to Africa. China and India together represent about 30% of global population (7 billion).

Of course, if significant numbers of jobs move from huge to smaller Asian countries, wages will rise in them, too, much faster than it took to raise wage levels in the huge countries themselves.

Even if many of these jobs move to Africa, it's population - 1.02 billion - is less than that of either China (1.34 billion) or India (1.17 billion).

Some 1.29 billion people, or 22% of the developing world's population, were poor in 2008, down from 1.94 billion people (43%) in 1981.

http://www.google.com/hostednews/afp/article/ALeqM5gAn80GaWzaXJ_LT9wDjDxsqtOGCA?docId=CNG.911f5f89461dea4c72c0496e193c7b58.4d1

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0 members have recommended this reply (displayed in chronological order):

HEY get the red out Mar 2012 #1
Perfect response. aquart Mar 2012 #2
The Koch brothers and ALEC, mostly. denverbill Mar 2012 #3
^ Wilms Mar 2012 #4
Get ready for May Day donheld Mar 2012 #5
nice! G_j Mar 2012 #6
Darn, that's too big for my sig. Zalatix Mar 2012 #14
K&R! Octafish Mar 2012 #7
not the type of story that goes well with American media outlets nt G_j Mar 2012 #24
And not a peep from the major news outlets malthaussen Mar 2012 #8
The Indian strike was covered. Yo_Mama Mar 2012 #9
Did you forget the "sarcasm" tag? bvar22 Mar 2012 #10
If their wages go up significantly it will help bring some jobs back home, no? nt nanabugg Mar 2012 #11
Shhhhhhhhh!!! Zalatix Mar 2012 #15
wouldn't it move to some other place that is cheaper ? JI7 Mar 2012 #22
If wages rise in India and China (combined 2.4 billion people) some jobs might go pampango Mar 2012 #23
Kicked and recommended. Uncle Joe Mar 2012 #12
DURecd... because THATS what I'm talking about. bvar22 Mar 2012 #13
right on G_j Mar 2012 #19
kicking. barbtries Mar 2012 #16
keep up the good work! mr.banana.hammock Mar 2012 #17
Why can't we do the same here? Initech Mar 2012 #18
That should help put a crimp in outsourcing. FarCenter Mar 2012 #20
K&R nt Doremus Mar 2012 #21
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