A number of authors and multi-national organizations have suggested that providing information services, and in particular software engineering and programming services, for export afford an important economic opportunity for poor countries. Throughout the world, developing countries have acted on this advice. This paper will argue that the opportunities for software engineering services in particular are limited, at least for small developing economies. The main argument is that software engineering and programming are labor-intensive activities and that small developing countries simply do not have the required resources to acquire or train a sufficient number of software engineers and programmers. Any development policy that blindly follows the tenet that small developing countries can improve their economic position through the provision of information services for export is therefore bound to fail. Hence, more sophisticated policies are called for. This paper will also examine a number of such policy options, including an innovative human resource development policy being developed in Jamaica.