Intermediate Services and Economic Development: The Malaysian Example
Behuria, Sutanu; Khullar, Rahul | May 1994
Abstract
The paper explores the role of intermediate sendees, defined as services which are used as intermediate inputs in the production of other goods and services, in economic development using the Malaysian example. Intermediate services are now critical to the functioning of the world economy and their importance is likely to increase as information and knowledge intensity of international economic activity increases. Intermediate services as inputs in the production of other goods and services critically affect the competitiveness of the economy. Accordingly, it is important from the viewpoint of economic policy formulation to look at the inter-relationships between services and other sectors as well as the impact of services on employment and foreign exchange earnings. The paper reveals that intermediate services are important in terms of their essentialness as inputs to goods and services producers as well as in terms of the direct contribution made to domestic output, employment and foreign trade. The paper establishes the proposition that intermediate services contribute significantly to competitiveness and that higher value-addition and productivity are rooted in the technology embedded in the deliver)' of such services.
Citation
Behuria, Sutanu; Khullar, Rahul. 1994. Intermediate Services and Economic Development: The Malaysian Example. © Asian Development Bank. http://hdl.handle.net/11540/3170. License: CC BY 3.0 IGO.ISSN
0117-5492
Keywords
Commercial agriculture
Agriculture
Sustainable agriculture
Trade Volume
Agricultural Trade
Food Security And Trade
Regional Trade Agreements
Agroindustry
Agricultural trade
Commercial farming
Agroindustry
Sustainable development
Export volume
Export Development
Access to markets
Agricultural market
Agricultural economy
Distribution
Agricultural diversification
Agricultural resource
Farm produce
Land capability for agriculture
Food Supply
Rural land use
Technological innovations
Agricultural innovations
Farm supply industry
Natural resource
Adaptive natural resource management
Produce trade
Poor
Price Indexes
Intergrated rural development
Cost and standard of living
Population
Crop improvement
Rice farming
Crop
Food industry
Perishable goods
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