Brazil is well placed to supply labor to the global offshoring market,
given the country's strong telecommunications infrastructure, attractive market
for IT vendors, and relatively low costs. However, MGI finds that weak
English-language skills and a lack of international experience among Brazilian
workers make many of them unsuitable for employment in the eyes of multinational
companies. Brazil must address these labor shortcomings and other issues if it
hopes to capitalize on its considerable potential as an offshoring
destination. Read more on the McKinsey Quarterly site
Five priorities for Brazil's economy To enter the ranks of the world's leading economies, Brazil must remove entrenched barriers to productivity. Read more
Fulfilling the potential of Latin America's financial systems Although the region's financial depth is low, Latin America could be on the verge of a breakthrough if policy makers continue reducing public debt and reforming the financial and legal systems. Read more
How Chile can win from offshoring The country has already attracted the attention of multinational companies; now it must address its shortcomings to reach its offshoring potential. Read more
Developing Mexico's offshoring opportunity To take advantage of the growing global market for offshored services, the country must do more to improve the suitability of its workforce. Read more