Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

eKönyvtár library
FAQ
 
  • As the Developed World Faces Recession, the BRIC Economies Are Decoupled / Immune from the Global Crisis

     

    Essays4 Economics

Great deal: today with a discount!

Regular price:
1 634 Ft
You save:
229 Ft
Discounted price*:
1 405 Ft
Purchase
Add to Wish List
ID number:491066
Author:
Evaluation:
Published: 03.12.2010.
Language: English
Level: College/University
Literature: 8 units
References: Used
Time period viewed: 2008.g. - 2009.g.
Extract

BRIC countries have been touted as potential new regions to offshore services. India is the leader in outsourcing in BRIC countries. China has the potential to become India's nearest rival; Russia is now the world’s biggest destination for outsourcing software. Outsourcing industry due to crisis can stop to increase or continue to grow as investors will try to cut their expenses to maximum. BRIC economies have changed to build their economies more attractive for outsourcing which can lead to faster recovery from crisis.
BRIC countries can first recover from financial crisis mostly because they have strong domestic demand, high foreign trade reserves; less consumer dependency from borrowing, thus its bank sector is more protected against credit crunch. Reducing inflation rates can be beneficial to consumers with low and middle incomes, and as a result it will increase domestic demand. BRIC’s is one of the most popular destinations for offshore services. Brazil, Russia, China and India together have all the resources to achieve faster recovery; working in team could make economic growth speedy. But still each country alone has natural resources and economical potentials to achieve faster recuperation than the remaining part of the world.

Author's comment
Work pack:
GREAT DEAL buying in a pack your savings −1 749 Ft
Work pack Nr. 1235178
Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

Hi!
{Your name} suggests you to check out this eKönyvtár paper on „As the Developed World Faces Recession, the BRIC Economies Are Decoupled / Immune from the Global Crisis”.

Link to paper:
https://eng.ekonyvtar.eu/w/491066

Send

Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Facebook

Not registered yet?

Register and redeem free papers!

To receive free papers from eKönyvtár.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register