Economist's Special report: The world economy
Economist's Special report: The world economy. The section "One-track bind" talks about Brazil.
The section "Gurgaon grief" talks about jobs.
But for the immediate future skilled workers in the rich world still seem to have the best prospects. College-educated workers are more likely to be able to switch jobs in response to outsourcing than those with little education. And the rewards for those with jobs that compete in the global market for tradable services are likely to be higher than for those in low-skill personal services—though the risks of losing their jobs are also greater.
Can Japanese college-educated workers switch jobs flexibly? That's the question.
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