Wednesday, March 25, 2009

Benefits of Recession!

1) Some of the brightest people go back to India which is an example of reverse brain drain .
2) This could be the turning point for a shift of power from US to China. China being the most powerful and economic superpower would also benefit India in terms of proximity effect.
3) This is an economic tragedy that significantly increases the chances the next Intel or Cisco Systems will launch outside the U.S.," Wadhwa wrote.
4) The economic recession will only boost outsourcing further.
5) Fewer Indian students would plan to come to US and would prefer staying in India.

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