E-MailGlobalization of Indian Outsourcing
It was once thought that the movement of business from the West to the East was a relatively simple proposition. Manufacturing of steel, textiles, and cars would move from the US to Japan, for example, while the US would create new service industries. Such movements were deemed essential due to extreme differences in wage rates found offshore. Thus, the Western world happily let those industries go but forgot to watch what was happening to them afterward. Conferences extolled the benefits of this transformation, and many view it in the same terms today. But while developed countries forgot to watch such transformations, more importantly, they forgot about the nature of human creativity.
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