Can China and India sustain its position as an attractive destination, part 1
There were two publications in the Dutch newspaper NRC which caught my attention as they are relevant from a sourcing perspective. One of the articles was about why the United States is a ‘hyper power’ and why China is unlikely to become that anytime soon and the other one about the rise of Asia in general. I will briefly discuss the core of both articles and discuss their relevance to Asia as a destination for outsourcing and setting up shared service centres/captives. Amy Chua (professor at Yale University) investigated how countries become so called ‘hyper powers’ and than fall. She investigated the rise and fall of the Roman empire, Persian empire, Tang empire in China, Mongolian empire, Dutch empire and the English empire. The main finding of her is that tolerance towards people with other believes and culture is one of the main preconditions to become a hyperpower. One of the reasons the United States was/is a hyperpower is their tolerance towards its inhabitants and importing ...