English to German Bus/Financial Investment / Securities

Redefining forces: global telecommuting and ‘tele-migration’

In the third stage of globalization, digital technologies and robotics allow face-to-face labour services to be provided across borders, with people sitting in one country and working in a (virtual) office in another. The economics of this way of working – global telecommuting – are compelling given the substantial cross-border salary differences.

The ramifications of this ‘tele-migration’ are far-reaching and unpredictable; sectors such as education, medical services and law may be ***severely disrupted***, not only by the arrival of cross-border services, but also as a result of the pressure on costs as international competition increases.


Wie würdet ihr das formulieren?