How Much Does It Cost to Save? Essay -- Economics Employment Jobs Essa

How Much Does It Cost to Save? The impact of software development offshore outsourcing has many economic and social impacts. Economically, India is thriving with GDP growth accelerating exponentially including having the potential to achieve double-digit growth.1 Meanwhile, in the United States, the numbers relating to developer jobs are quite the opposite. Most figures suggest that by 2015, roughly 3.3 million business-processing jobs will have moved abroad. As of July 2003, around 400,000 jobs already had.2 Socially, job loss has many strong emotional implications. Job loss due to cost cutting measures coupled with the dot-com layoffs in Silicon Valley conveys an outlook for finding a technical position quite bleak. In addition, changing jobs is stressful, let alone moving into a project management position that now appears to be a position a US engineer must look into. In India, although there is significant momentum to put their trained technical skills to use, the temporal logistics of the situation force many Indian engineers to work during the night time. The economic benefits are seen, but at what cost on a personal basis? With such facts, one can argue for both sides of the economics and social impacts of outsourcing. The context must apply internationally, particularly in the United States and India. When viewed at this level, the economics suggest that the outsourcing moves are indeed overall beneficial. The social impact, however, is not so supportive and an ethical analysis shows that when these factors are taken into account, the suggestion that the economic benefits outweigh all the costs is not necessarily the case. Economics The immediate negative economic impacts in the United States about o... ..., 2002 (back) CNet News, M.B.A.s scout for scarce tech jobs, 2003, CNC, 8 Jan., 2003, http://news.com.com/2100-1017_3-979734.html?tag=st_rn (back) Techs Unite, Washington Could Be First State to Ban Offshoring, 2004, TUC, 3 Feb. 2004 http://www.techsunite.org/news/040203_ban.cfm (back) TUC, Washington Could Be First State to Ban Offshoring, 2004 (back) Wired News, Tech Chiefs Defend Overseas Jobs, 2004, WNC, 7 Jan. 2004 http://www.wired.com/news/business/0,1367,61825,00.html (back) Call Centers India, Call Centers in India, , CCI, date unknown http://www.callcentersindia.com/displaynews.php?idnews=4 (back) Stanford University, Rethinking Migration, 2001, SU, 1 Jan. 2001 http://www.stanford.edu/~aneesh/NewFiles/Rethinking%20Migration.pdf (back) SU, Rethinking Migration, 2001 (back) RAJ, India Winning Higher-Status Jobs in U.S., 2003 (back)