Of the forces driving change in the world economy today, the global redistribution of jobs bears profound significance to developing economies. Aside from capital flows and the movement of goods and services, the engagement of workers of developing nations in the international service economy vividly illustrates their integration into the world economy.
Two forces are driving the redistribution of jobs. One is the shifting world demographic profile. The other is globalisation, which has encouraged the movement not only of goods and capital, but also of human resources – which has not been fully appreciated.
