Ron Hira, Columbia University
Developing Country Impacts
Opening domestic markets to MNC’s – quid pro quo?
Import Substitution versus Export Led
Should countries pick winners through subsidies?
Race to the bottom?
Margins on the decline
Infosys – Prices Down 5%, Volumes Up 13%
“The economic situation, competition and the type of business we are, strategic global outsourcing, which is price competitive, has had an impact on the margins,"
– Reuters, April 10, 2003