Mexico and the Globalization of Services: Outflanked Once Again?

The newest wave of globalization is the offshoring of information technology, administrative and technical services (ITAS) from developed to developing countries. This article examines Mexico¿s ability to take advantage of this opportunity, especially relative to India- the world´s largest outsourcing beneficiary. It also discusses the current ITAS market in Mexico, including its firms and structure. The current Mexican industry¿s underdevelopment, the role of United States and Indian MNCs, the comparative strengths and weaknesses of Mexico in this environment, and Mexico´s experience with globalization based on manufacturing are explored and will be of particular interest to policymakers and the business community