16:00 8 July 2021
Post by: WBJ

There are approximately 330 million potential teleworkers in emerging countries

The popularity of remote work may allow companies from developed countries to hire remote workers from emerging countries and thus reduce labor costs. The total number of teleworking jobs in high-income economies is around 160 million, while the number of potential teleworkers in low- and middle-income economies is around 330 million, according to Coface's estimates.

"For emerging economies, such virtual relocation could become a pillar of development. In order to determine the likely winnings of this trend, Coface developed an index based on four key criteria: human capital, labor cost competitiveness, digital infrastructure, and business climate. Southeast Asia, especially India and Indonesia stand out as a region with high potential. Other large emerging countries such as Brazil and Poland are rated similarly," the release reads.

Virtual offshoring, however, could arouse economic anxiety among workers in mature economies and become a source of political risk.


emerging countries

More News


12 days ago

'We flatter tastes, not create them': an actor

28 days ago

‘We are not afraid of the coronavirus, but the cancellation of our concert plans’: Tulia

1 month ago

JNT Group introduces new product line, Monte Santi Aperitivo

1 month ago

Show business is built on vanity, superficiality, and dishonesty: an actor

Book of Lists

Book of Lists
9 months ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
1 year ago

25th jubilee edition of Book of Lists – project start