Commonwealth Trade Express

ISSN: 
2414-4363 (online)
DOI: 
10.14217/24144363
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Commonwealth Trade Express will share information and lessons learned from recent Commonwealth Secretariat interventions. Articles will discuss design and implementation processes; in particular, practical solutions for the perennial problems surrounding appropriate trade policy design, advocacy and strategic trade interventions.
 

Outsourcing: Putting Belize on the Map You or your institution have access to this content

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Author(s):
Estella Aryada1
Author Affiliations
  • 1: Commonwealth Secretariat, United Kingdom

02 Dec 2016
Bibliographic information
No.:
5
Pages:
8
DOI: 
10.14217/d1400950-en

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Outsourcing – transferring a portion of an organisation’s processes to external entities – has grown significantly over the last 20 years. Developing Commonwealth countries, such as India, Malaysia and Sri Lanka, are among the top 20 most attractive locations for outsourcing worldwide. Belize is a small state that shares its borders with larger countries in Central America. Like many small states, Belize’s competitiveness in manufacturing is constrained by high transaction costs and limited economies of scale. Can the country leverage its strengths to provide business services to clients abroad?
Keywords:
service exports, outsourcing, business process outsourcing (BPO)
JEL Classification:
  • F13: International Economics / Trade / Trade Policy ; International Trade Organizations
  • F20: International Economics / International Factor Movements and International Business / General
  • M55: Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics / Personnel Economics / Labor Contracting Devices