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Leveraging Service Sector Growth in the Philippines

dc.contributor.authorRaja Mikael Mitra
dc.date.accessioned2015-02-06T15:56:21Z
dc.date.available2015-02-06T15:56:21Z
dc.date.issued2013-09-01
dc.identifier.issn1655-5252
dc.identifier.urihttp://hdl.handle.net/11540/2296
dc.description.abstractThe Philippines is often referred to as a country from which export of services rather than manufactured goods is the principal engine for economic growth, as the share of the service sector in gross domestic product has exceeded that of the industry sector since the mid-1980s. Three major opportunities for leveraging service sector growth stands out. One is expanding the scale and scope of the export and domestic markets for information technology-business process outsourcing and other modern services in urban areas. Second is expanding tourism to foster economic development across social groups and regions including poor and remote rural areas. Third is enhancing the domestic prospects for Filipino technical, managerial, and entrepreneurial talent so they will work in the Philippines rather than overseas. To take advantage of those opportunities, there is a need for concerted efforts to improve infrastructure; logistics; broadband connections; the power supply; and education, healthcare, financial, legal, and public administration services and more generally the overall business environment for foreign investors and local entrepreneurs.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleLeveraging Service Sector Growth in the Philippines
dc.typeWorking Papers
dc.subject.expertBusiness Economics
dc.subject.expertEconomics
dc.subject.expertRegional Economic Development
dc.subject.expertWomen's Education
dc.subject.expertTechnical Education
dc.subject.expertRural Education
dc.subject.expertQuality Education
dc.subject.expertLevels Of Education
dc.subject.expertEducational Systems
dc.subject.expertEducational Statistics
dc.subject.adbEconomic planning
dc.subject.adbEconomic policy
dc.subject.adbDevelopment assistance
dc.subject.adbDevelopment cooperation
dc.subject.adbEconomic evaluation
dc.subject.adbEconomic censuses
dc.subject.adbDevelopment education
dc.subject.adbEducational development
dc.subject.adbEducational administration
dc.subject.adbEducational planning
dc.subject.naturalComparative economics
dc.subject.naturalSocial responsibility of business
dc.subject.naturalCommunication in economic development
dc.subject.naturalConsumer education
dc.subject.naturalForeign trade and employment
dc.subject.naturalCommunication in international trade
dc.subject.naturalEconomic development projects
dc.subject.naturalEducational exchange
dc.subject.naturalEducational evaluation
dc.title.seriesEconomics Working Papers
dc.title.volumeno 366
dc.contributor.imprintAsian Development Bank
oar.themeEducation
oar.themeEconomics
oar.themeLabor Migration
oar.adminregionSoutheast Asia Region
oar.countryPhilippines
oar.identifierOAR-001515
oar.authorMitra, Raja Mikael
oar.importtrue
oar.googlescholar.linkpresenttrue


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