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It's win-win situation

Thus spake Thomas Friedman, the foreign affairs columnist for NYT, on outsourcing


DESPITE CHINA'S rapid economic growth over the last few years, India could still race ahead because it has already passed the "speed bump" of democratic reforms. Thus spake Thomas. L. Friedman, three-time Pulitzer Prize winner and foreign affairs columnist for The New York Times.

"China is going at 80 miles an hour, with a speed bump in the road. When 1.3 billion people go at 80 miles per hour with speed bumps, that is real interesting," Friedman said in a talk with journalists and students at the Indian Institute of Journalism and New Media last week.

He was in Bangalore to work on a documentary on the controversial issue of outsourcing, funded by The New York Times in collaboration with Discovery Channel.

He has written two columns on the issue, generally concluding that outsourcing, though controversial in both the United States and India, will benefit both developing and developed countries in the long run.

"Outsourcing is a win-win situation," he said. Although the United States and other developed countries lose jobs to India and other nations, the increased prosperity, it brings to the lesser-developed countries increases their worth as markets."

About the brouhaha on outsourcing back home, he said those who lose jobs to outsourcing mobilise politically.

"People who benefit by trade tend not to be mobilised," said the columnist.

SHARAD VYAS

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