EMERGING COUNTRIES AND THE END OF LOW WAGES’ COMPETITIVE ADVANTAGE

As Paul Krugman put it some days ago, maybe the solutions are inside old books. I’ve been wondering myself for a long time what will happen when low wages’ competitive advantage disappears of all countries. Well, here goes a likely answer: “The selection process goes on. Today’s search for cheap labor has moved jobs from … More EMERGING COUNTRIES AND THE END OF LOW WAGES’ COMPETITIVE ADVANTAGE