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Did U.S. Immigration Policy Influence India's IT Boom?
- Source :
- Richmond Fed Economic Briefs; Dec2023, Vol. 23 Issue 42, p1-1, 1p, 4 Color Photographs
- Publication Year :
- 2023
-
Abstract
- The article discusses the unintended consequences of U.S. immigration policy on India's IT boom. In the 1990s, Indian college students and workers gained computer science skills with the hope of migrating to the U.S. IT industry. However, many ended up staying in India or returning after a short period due to restrictive immigration policies. These workers contributed to the development of India's IT sector, which experienced significant growth in the late 2000s. The article explores the impact of U.S. high-skill immigration policy on both India and the U.S., highlighting the potential benefits and drawbacks for each country. [Extracted from the article]
Details
- Language :
- English
- Volume :
- 23
- Issue :
- 42
- Database :
- Complementary Index
- Journal :
- Richmond Fed Economic Briefs
- Publication Type :
- Academic Journal
- Accession number :
- 174450604