Low-Budget Indian Satellite Launch
Geekonomical writes "On Thursday afternoon, for a mere 15 million U.S. dollars, India launched a meteorological satellite into geo-synchronous transfer orbit some 36,000 kilometres above the equator using a modified version of its highly successful space workhorse, the polar satellite launch vehicle (PSLV). The article also claims that China spends 12 times as much as this for a launch!"
If they're truly doing that for a twelfth (what a horrid word) of the cost that China spends, the what the hell is China doing wrong?! Or does China send up a system 12 times better?
A common argument in populist economics is that jobs go to the third world because of lower labor costs. Others counter this argument that it is unskilled labor, and that high-end technologically advanced labor stays within 'advanced' economies (US, Europe, Japan).
So-- is this a case that disproves the counterargument-- that even 'skilled' labor industries can skip to the third world, or is it an indictment against the regulatory pressures/infrastructure costs of trying to launch something under a US/EU umbrella?
There is clearly a glut of satellite launching capacity, yet prices have remained high because?
davejenkins.com |