Arab Today, arab today cameron reshoring key to west\s economic recovery
Last Updated : GMT 05:37:54
Arab Today, arab today
Arab Today, arab today

Cameron: Re-shoring key to West\'s economic recovery

Arab Today, arab today

Arab Today, arab today Cameron: Re-shoring key to West\'s economic recovery

London - AFP

British Prime Minister David Cameron was on Friday to insist that the "re-shoring" of jobs from countries such as India and China could be a key factor in spurring European economic growth. Cameron is due to tell the World Economic Forum being held in the Swiss town of Davos that Britain hopes to be at the forefront of attempts to bring back jobs that have moved East in recent years due to wage pressures. Britain has recently seen thousands of jobs shifted to low-cost Asian rivals, including the outsourcing to Indian call centres of many large firms' customer service departments. "For years the West has been written off," Cameron is expected to tell delegates, according to extracts released by his Downing Street office. "People say that we are facing some sort of inevitable decline. "Whether it's the shift from manufacturing to services or the transfer from manual jobs to machines, the end point is the same dystopian vision -- the East wins while the West loses; and the workers lose while the machines win. "I don't believe it has to be this way." He will accept that globalisation presents "huge challenges" to western economies, but that jobs could start returning as Asian wages rise. "Indeed if we make the right decisions, we may also see more of what has been a small but discernible trend where some jobs that were once offshored are coming back from East to West." He will advocate pro-business regulations and cheap energy from shale gas as potential drivers in reducing costs and luring jobs back to Europe. "There is no doubt that when it comes to re-shoring in the US, one of the most important factors has been the development of shale gas which is flooring US energy prices with billions of dollars of energy cost savings predicted over the next decade," he will say. "Taken together, I believe these trends have the ability to be a fresh driver of growth in Europe too. "I think there is a chance for Britain to become the 'Re-Shore nation'." As well as falling costs, firms will be keener to locate jobs in the West due to shorter supply chains and the proximity to consumer markets, he will argue. Cameron will highlight a recent survey of small and medium sized businesses, which found that more than 1 in 10 has brought back to Britain some production in the past year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cameron reshoring key to west\s economic recovery Arab Today, arab today cameron reshoring key to west\s economic recovery

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cameron reshoring key to west\s economic recovery Arab Today, arab today cameron reshoring key to west\s economic recovery

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today France opens door to post-2025 talks

GMT 05:16 2017 Wednesday ,20 September

France opens door to post-2025 talks
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday