Neusoft is benefiting from China's storming growth and an economy that's gradually climbing the value-added chain; it expects to expand an average of 20% annually for the next five years.
As China climbs the value chain, making higher-cost products, it is predicted that low-cost manufacturing will move south towards the Mekong delta and the rest of south-east Asia.
You'll make sure British companies benefit by repatriating their income, keeping people in developing countries in low-paid, insecure jobs, rather than helping them climb the value chain.
Mr. Hanemann said he was sure 2012 would see deals in Europe in technology and consumer products to enable Chinese companies to climb the value ladder and build their domestic market share.
A problem for the United States, noted by the authors of the report, is that the so-called emerging market economies — notably China, Brazil and India — appear poised to climb the value chain into the higher value-added segments hitherto kept in the developed economies.
Indian companies that started out doing call center and low-level IT work have climbed the value chain to become outsourced providers of critical R&D in sophisticated areas such as semiconductor design, aerospace, automotive, network equipment and medical devices.
Despite many examples, where women have been showing improved productivity in other parts of India, in various parts, lack of technology still poses problems to women entrepreneurs, which could have otherwise enabled them to overcome drudgery with improved efficiency and productivity and catered them to climb the value chain (Anjali, 2015).
"South Africa's ambition to climb the value-added chain is valid, justified and doable," said Andreas Wörgötter, an economist at the O.E.C.D. who wrote a recent study of the country.
But as other nations like Singapore, Malaysia and Thailand scrambled to climb the value-added ladder with niche products or more technologically advanced products that enabled them at the least to stay in the race with China, Vietnam seemed destined to become a pantry for a rapidly developing China.
It has spent the past few decades climbing up the "value chain" from manufacturing to services and from trade to finance.
Driven by a mixture of ambition and fear ambition to bestride the world stage and fear of even cheaper competitors in, say, Vietnam or Cambodia they are relentlessly climbing up the value chain.
