Perhaps at no other time in recent memory has the global workforce undergone such a significant shift. The recession and collapse of the financial market in the US, combined with the euro-zone debt crisis, had a residual effect on the economies of emerging and developed nations around the world.
Globalization is a major reason for this, as countries in all corners of the globe are becoming increasingly interconnected with technology helping to close the gaps. In fact, a 2012 report from PricewaterhouseCoopers found that with uncertainty remaining in the North American and European markets, BRIC countries—Brazil, Russia, India and China—are forecast by many global CEOs to have nearly double the sales growth of nations such as the US.