Global pressures increase Monday, August 04, 2003 We can expect that the "loss of jobs" from globalization will turn into a campaign issue next year. The popular press is starting to understand that globalization carries impacts beyond low end manufacturing. Higher end business services and research jobs are involved. The focal point will also be moving away from Mexico and toward India. It takes a while for business journalists to catch up to global trends. Outsourcing higher end jobs to India is not a new development. Larger companies have been doing it for some years. For example, Cisco Systems’ global development center in Bangalore has teams working on everything from optical technology development to chip design and hardware design. At any one time the center conducts more than 100 projects for Cisco’s business units. We are also starting to see business journalists connect the dots between globalization and the slow pace of our economic recovery. As companies expand overseas, rather than here, the job gains from expansion happen elsewhere. The chief economist for Economy.com notes, "The wholesale movement of jobs and production overseas is handcuffing the recovery." (See this recent article form the New York Times.) Here's an article that appeared yesterday in Florida about the loss of higher end jobs to India. Go. Today in our history of innovation... In 1922, every telephone in the U.S. and Candada went dead as AT&T and the Bell System shut down all its switchboards and switching stations for one minute in memory of Alexander Graham Bell, who had died two days earler. During this time, none of the 13 million telephones in operation could be used. posted by Ed Morrison |		This work is licensed under a Creative Commons License. links Some Background on EDPro Weblog The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it. One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information. So, spread the word...Share the knowledge. Tell a friend about EDPro Weblog. If you are using a news reader, here is the link to syndicate this site: Here's the link if you are a bloglines subscriber: Speaking and workshops on Open Source Economic Development As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking. Background on Ed Morrison Download some background information on me here.

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