Working Out

A change in the US political scene could result in Sri Lanka losing out on foreign investment that comes in as outsourcing projects like call centers.
In-house politics are bad enough but trade analysts now caution that politics across the Atlantic could be just as painful, thanks to the spotlight catching the subject of outsourcing. rn

rnldblquote Outsourcing is one of the main topics in the US election campaign and Presidential candidate John Kerry is under pressure to stop jobs going out of America,
dblquote said Executive Director of the Institute of Policy Studies, Dr. Saman Kelegama.rn

rnThe US and the UK are two of the worlds largest outsourcing centres sending non-core, backend operations to cheaper destinations in other parts of the world.rn

rnThe biggest recipients of these jobs are India and China, but other Asian countries are also keen to net a little of the outflow. rn

rnldblquote Outsourcing increased the competitiveness of US products but the price was 2.2 mn jobs,
dblquote sa