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Outsourcing and the Global Economy
Offshore outsourcing — firms subcontracting important parts of their businesses to firms in other countries — are changing the nature of global business. In India, outsourcing has sparked an economic boom, and those working in the industry are making new lives that balance traditional Indian family values with Western-style social and economic mores. But in India, as in the United States, the long-term impact of outsourcing is still unclear.
September 15, 2005

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