MANILA, Philippines — India and China have bigger economies but the Philippines has a higher “educational density” and thus in a better position to move ahead in offshore outsourcing, according to an economics professor from Europe.
Professor Guido Dedene, a faculty member of Belgium’s Catholic University of Leuven and Netherlands’ University of Amsterdam, believes the country’s “unique” characteristics make it a more viable outsourcing destination for either United States or Europe.
Dedene cited a recent McKinsey study that predicts that by 2011, the US and United Kingdom alone will be capable of “consuming” the outsourcing capacities of India, China and the Philippines.
“Majority of companies in Europe, for example, go to either India or China because they simply don’t know much about the Philippines,” Dedene said in an interview with INQUIRER.net.
Dedene is in Manila for next week’s SSME (Service Science Management and Engineering) conference organized by IBM and the Commission on Information and Communications Technology (CICT).
IBM defines SSME as a multi-disciplinary academic and research approach that integrates more established areas like computer science, operations research, engineering, business and management.
In the context of BPO, the goal is to group together stakeholders such as business and government with the research and academic community.
“The Philippines has six times more educated people than India per capita,” Dedene said, citing data from the McKinsey study. “In India, outsourcing is present in a few cities. In the Philippines, the entire country can be tapped for BPO (business process outsourcing).”
Dedene likewise cited the Filipinos’ strong English proficiency and service-oriented nature, often mentioned by BPO investors doing business in the country.
“But beyond a good English accent, a key advantage is the fact that the Philippines is a young nation. If we start educating Filipinos now, it will pay off profitably in the future,” he said. –Lawrence Casiraya, INQUIRER.net
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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