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The drop in prices- from Euro 11.29 per kg to Euro 6.76 per kg - coincided with a colossal 147% increase in the volume of imports from Vietnam. In fact, Vietnam became the EUís fifth biggest clothing supplier in volume last year - although in value terms it did not even rank among the top ten suppliers because its prices were so low.
The IAOP will examine how to best manage the increasing number of mobile workers globally in a special report to be published in Fortune magazine in February 2008 that will include case studies and examples from outsourcing professionals.
The authors say growth will particularly be led by the burgeoning low cost economies of China and India that will propel the worldwide aerospace industry. They argue that the economic influence of these rising countries will lead to rapid increase in the demand for air traffic and low-priced products, with the players of the aerospace industry moving towards customised products.