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This
paper considers the recent boom in IT-driven
offshoring in India and examines the potential
for this to become a major source of economic
growth in the future. It is argued that
the optimism about the benefits that the
new trend can bring to India and other
similarly placed countries may be misplaced
given the relatively small share of this
sector in total output and employment,
as well as the difficulties of sustaining
growth in the area.
January 24, 2006. |
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