Leveraging Services for Development: Prospects and Policies
Helble, Matthias; Shepherd, Ben | June 2019
Abstract
The services economy is on the rise all around the world, and services now comprise the largest share of economic activity and employment in almost every country. Yet, the services economy remains relatively understudied. This book presents the latest evidence demonstrating how technologies and globalization have transformed the services industry. Services are becoming increasingly tradable under World Trade Organization rules and regional trade agreements, and some services subsectors are also seeing rates of productivity growth comparable to that in manufacturing. At the same time, services are increasingly contributing to manufacturing success, and countries’ overall economic competitiveness now hinges crucially on the availability of high-quality and affordable services inputs. Furthermore, a well-functioning services sector can accelerate human development through better access to basic needs, such as education, energy, finance, health, water, and sanitation. Services can also be a source of good jobs with fewer negative environmental and social externalities. Overall, the ongoing structural transformation toward a services economy is a unique opportunity to achieve long-term income growth, which in turn promotes sustainable development. This book offers suggestions on how to achieve this, and is thus an indispensable read for researchers and policy makers alike.
Citation
Helble, Matthias; Shepherd, Ben. 2019. Leveraging Services for Development: Prospects and Policies. © Asian Development Bank Institute. http://hdl.handle.net/11540/10431.PDF ISBN
978-4-89974-118-3
Print ISBN
978-4-89974-117-6
Keywords
Development
Trade
Development Goals
Skills Development
Sustainable Development
Trade Flows
Trade And Development
Food Security And Trade
Trade Volume
Trade Potential
Trade Flows
External Trade
Industrial policy
New technology
Innovations
Industry
Export policy
Import policy
Trade Unions
Natural Resources
Services Trade
SMEs
E-commerce
Development assistance
ADB
Curriculum development
Development assistance
Development aid
Development indicators
Development potential
Development models
Project appraisal
Performance appraisal
Regional development bank
Trade development
Import volume
Export volume
Service industry
Career development
Vocational training
Contract Labor
Labor income
Labor policy
Manpower policy
Promotions
Career development
Job analysis
Self-evaluation
Supervisors
Capital
Business
Communication in rural development
Social participation
Occupational training
Partnership
Joint venture
System analysis
Labor and globalization
Labor policy
Regional trading blocs
Foreign trade and employment
Developing countries
Industrial priorities
Technological innovation
Technology transfer
Foreign trade regulation
Industrial relations
Trade-unions
Small business
Unions
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