It’s an alphabet soup…start with BRICs, move to CIVETS

Add bookmark

Deborah Kops

CIVET: Is it a small, lithe-bodied, mostly nocturnal mammal native to tropical Asia and Africa? a musky scent used in perfume or a rock band? No! – it’s the acronym for the next generation of offshoring locales. As the developing world develops, the thirst for cost arbitrage pushes shared services and outsourcing leaders farther afield into newer frontiers. Today, the BRIC economies (Brazil, Russia, India and China) are looking more and more like their Western counterparts with r...
To continue reading this story get free access