PREGUNTAVER

pay per click advertising Just when the developing economies have started posting positive figures, the latest World Bank report has shown that it is not a good time for them to start resting. The World Bank warned that increases in interest rates will tend to slow growth and might make foreign investors look elsewhere. "Looking ahead, the key challenge facing developing countries is to manage the transition by taking preemptive measures aimed at lessening the risk of a sharp, unexpected reversal in capital flows," it added. That should include economic and institutional reforms, the report's main author, Mansoor Dailami, said in an interview. "Basically, they do need to maintain and strengthen investor confidence in their policy apparatus," he added. It is a good thing that a lot of poor countries have already paid billions of foreign debt. Otherwise, more problems can be expected on 2009-the year when the World Bank predicts global growth rates will declin...

Further to the prevailing currency issues, BPO.Asia reported today that Asian BPO firms are a bit nervous due to the continuous rise in the value of Asian currencies. The BPO industry is currently being dominated by Asian countries led by India but European and other countries are also trying to get a bigger slice of the action. In the long run, the forex movements of the currencies of countries that hosts BPO firms will largely determine its competitiveness in the outsourcing world. My appreciation/devaluation solution is simple. If salaries comprise a large portion of every BPO firms cost structure, why not base it, for the most part on performance? Another solution will be to pay the wages in the currency of the company’s contract with the clients. The solution is very fair and will keep the companies largely competitive. Whoever follows this formula, will surely win the race.. :-)