The Political Economy of Global Outsourcing

South Asian Journal of Socio-Political Studies, Vol. 5, No. 2, pp. 76-82, 2005

8 Pages Posted: 18 Nov 2006

See all articles by Chanchal Kumar Sharma

Chanchal Kumar Sharma

German Institute for Global and Area Studies; Central University of Haryana; Centre for Multilevel Federalism, Institute of Social Sciences

Abstract

Outsourcing has become a contentious political issue in the US and other rich countries from where jobs are being outsourced.much of the controversy over outsourcing in the USA is directly linked to the jobs scenario. Does the January 23 Bill mean that America is moving a step away from free marketism? Is America losing its standing as an open society? Till recently, the US was overwhelmed by hypocognition (The term used by Frances Moore Lappe' in Hope's Edge, 2002) by virtue of which they conjured up all positive images of globalisation and could not understand what really was going on or that there was anything wrong with the globalism or free trade. Now they are being tormented by the monster they themselves had so passionately patronised. This monster just knows 'the single principle of highest return to existing wealth,' that's all.

Keywords: Outsourcing, BPO, India, USA, Political economy

JEL Classification: Y8, G0, Z0

Suggested Citation

Sharma, Chanchal Kumar, The Political Economy of Global Outsourcing. South Asian Journal of Socio-Political Studies, Vol. 5, No. 2, pp. 76-82, 2005, Available at SSRN: https://ssrn.com/abstract=945795

Chanchal Kumar Sharma (Contact Author)

German Institute for Global and Area Studies ( email )

GIGA Institute for Asian Studies
Rothenbaumchaussee 32
Hamburg, 20148
Germany

HOME PAGE: http://https://www.giga-hamburg.de/en/team/sharma

Central University of Haryana ( email )

Department of Political Science
Central University of Haryana
Mahendergarh, Haryana 123029
India
91+98222888272 (Phone)

HOME PAGE: http://https://www.routledge.com/authors/i16892-chanchal-kumar-sharma

Centre for Multilevel Federalism, Institute of Social Sciences ( email )

New Delhi
India

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