HUMANOMICS: MAKING SENSE OF THE SOCIO-ECONOMIC IMPACTS OF GLOBAL SOURCING

Outsourcing has evoked innumerable emotions globally, spanning the spectrum of excitement to consternation. From job losses and cheap labor to cost savings and innovation, services globalization seems to have delivered on the promise. Or has it really? Sustained pursuit of collaborative models and global service supply chains seems to have furthered the goal of capitalism, a bandwagon endorsed by corporations and (of late) emerging nation governments as well. The promise of jobs is too allu...