Globalization's Mixed Blessings

by Peter O'Farrell

For the last decade or two, the subject of globalization has been much discussed. At one time, the concept of global-scale endeavors in a variety of areas seemed to be universally considered a good thing. Whether it applied to global coordination of software development, integration of financial markets, construction of diversified portfolios of securities to reduce their collective risk, or support for free trade, we largely thought that a more integrated world was a benefit for all. Now we seem less secure in these beliefs. Along with the discussion of the benefits of global software development, there is a rising chorus of complaints about the potentially exploitative nature of global trade [5, 6]. It's useful to understand this background as well as the unique characteristics of software projects when deciding if and how you should outsource some of your software development.

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Globalization's Mixed Blessings November 2002