Government Analysis

A Country Analysis: India

Name

Institution

INTRODUCTION AND SETTING THE CONTEXT

The movie-Outsourced- is about the challenges that come with job outsourcing and its impact on both the employees and consumers. Outsourcing involves the physical transfer of the location of a firm’s work place from one part to the other usually involving change of country. This also means a loss of job opportunities in the country which previously hosted the firm or company. This is not entirely catastrophic as the new country gets to reduce its unemployment percentage as well as having growth of the economy. The parties involved seek to adjust and get the best out of the situation as well as maintaining their previous stature. In today’s global economy, which is continually evolving, the movie elicits some of the features of modern economics which include:

Emerging or developing markets increasing their global financial power

Recently, there has been an upsurge of economic activities in some of the so called second world countries and this has been epitomized by countries such as Indonesia, Turkey, Brazil, India, e.t.c. this analysis is meant to illuminate the present financial situation in India in which there is a transition from third world to first world country status.

Global financial institutions seeking redemption through transformation and modification

Many financial institutions have taken steps to improve service provision for example by increasing transparency in transactions as well as introducing restrictions to counter fraud.

Government enhancing its association with the private sector

In India, the government has increased its contact with private sector with companies such as Total Consultancy Services, so as to encourage foreign investors into the economy as well as providing loans for local infrastructure development

Rapid advancements in technology creating a digital world that is mobile and smart

Technology consistently evolves with the...