Financial Crisis

[taki]

India has many jobs that have been outsourced from other first work countries due to the cheap labor market here. Worsening financial conditions will force these countries to create laws prohibiting the outsourcing of labor in order to provide jobs for their own citizens.
If this happens what plans does India have in place to prevent a economic shock occurring to their newly forming class of people here? The class that has a income?

 

[Jeff]

It may happen to some extent, but I don't think that it will be a big deal. In Western countries, a government can only go so far in forcing people who to hire.

If anything, companies will be short on cash and looking to reduce labor costs by outsourcing more.