BUSINESSWEEK ONLINE : AUGUST 28, 2000 ISSUE
THE 21ST CENTURY CORPORATION -- THE CORPORATE ECOSYSTEM Where White-Collar Jobs Are Going Millions of jobs are shifting from industrial countries to developing nations WHAT'S DRIVING THE TREND Tight labor markets, together with falling telecommunications costs and more powerful computers, are spurring multinationals and other companies to hire skilled clerical, legal, engineering, and other service workers in countries where labor costs are at least 30% less than in the U.S. and Europe. WHO BENEFITS English-speaking nations with comparatively low labor costs and high skills such as Ireland, India, and the Philippines are gaining jobs, while major corporations are cutting costs. WHAT COULD SLOW IT DOWN Developing countries such as India need to boost investment in telecoms networks and education, especially at the primary and secondary level. Supply of skilled labor is running out in Ireland. An economic downturn could spark a backlash from workers in the West. DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS The Ecosystem And Now, the Just-in-Time Employee TABLE: Of Those Who Define Themselves as Free Agents Perspectives: The New Wired World of Work The Barons of Outsourcing CHART: The Boom in Outsourcing Perspectives: Limits of the New Corporation Different Countries, Adjoining Cubicles TABLE: Where White-Collar Jobs Are Going Commerce Reweaves the Social Fabric High School Will Never Be the Same Watching over the World Wide Web TABLE: The New World Order INTERACT E-Mail to Business Week Online

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