Consultants KPMG and French employers’ group Medef have just published a survey on attitudes to globalisation and outsourcing. Interestingly a higher percentage of employers than previously said they saw no benefit in moving jobs to countries with cheaper labour markets (56% compared with 29% last year), while 74 per cent said broader foreign investment had helped safeguard jobs in France. Is this an example of ‘double entendre’? Is it a real reflection of attitudes to globalisation, or a ‘packaging’ exercise where it is easier to advocate something as ‘new investment’ rather than ‘moving jobs’. At the same time the FT says,
But for those SMEs with a low turnover, or which lacked innovation, the lower-cost economies were still seen as a danger.There is a growing gulf between the strategies of such companies and larger or more innovative rivals, the report said.
Feed: A Fistful of Euros
December 22nd, 2005 at 11:46 am
As I have also said in my crosspost of this subject I think the article is a bit ambigous especially as I haven’t been able to track down the survey.
What really surprises me though is that 56% of the SMEs do not see any benefits of moving jobs abroad.
It seems that the anti-globalist sentiments run a bit deeper i France than I had expected.