Emerging Demographic and Talent-Pool Challenges: Implications for Outsourcing to India
Rakesh Gupta
Management and Labour Studies, 2010, vol. 35, issue 2, 267-287
Abstract:
Human capital has always been an extremely important determinant of individual and social progress. In the present scenario, it is centripetal instrumental for developing economies in an increasingly competitive, services led, knowledge driven global economy. The degree of responsiveness of the skilled human resources on the overall development and specifically the economic growth has been well established. Notwithstanding, the known linkages between economic growth and human capital, it is pertinent to understand the significance of the skilled talent-pool in the knowledge economy and hence in the economic development. This paper highlights the emerging trends in the global economy with increasing reliance on the knowledge driven sectors for growth. It focuses on the emerging issues and challenges in the face of ageing population in developed countries, availability of skilled workforce and the increasing trend of relocating services jobs through off shoring and their likely impact. The study analyses the implications of changing global demographic trends and strength of Indian talent-pool for competitiveness in off shoring and outsourcing work. It argues that changing demographic profile of high income nations and off shoring provides India with an opportunity to increase its pace of economic development. It examines the higher education infrastructure in India and the quality and depth of skilled human resources coming out of this system to capitalize on this opportunity. It deliberates whether India can leverage its talent-pool capital and demographics to build/sustain the competitive advantage or not.
Date: 2010
References: Add references at CitEc
Citations:
Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0258042X1003500208 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sae:manlab:v:35:y:2010:i:2:p:267-287
DOI: 10.1177/0258042X1003500208
Access Statistics for this article
More articles in Management and Labour Studies from XLRI Jamshedpur, School of Business Management & Human Resources
Bibliographic data for series maintained by SAGE Publications ().