This paper looks at the extent that American Industry relies on global
outsourcing. It focuses on the dependency that the software industry has on
labor markets in places such as India and the effects these kinds of practices have on the local economy and
society. From the paper: "Outsourcing is the
practice of
subcontracting some or all of a company's information systems services to another firm. The
approach has been around for many years, and corporations have been subcontracting
work to low-cost labor areas for years, but in the past, this practice was limited to data entry job. In the 1990s, outsourcing began to grow by 15% a year, according to the Yankee Group, and the approach generated a huge amount of discussion, attention and renewed interest among business leaders in the United States and abroad. "