Sophistication in Service Exports and Economic Growth

• Tác giả: Saurabh Mishra
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.9 Economic development and growth
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 306361
• Chủ đề: 1. ACCOUNTING; 2. ANNUAL GROWTH; 3. COMPARATIVE ADVANTAGE; 4. COMPETITIVENESS; 5. DEVELOPING COUNTRIES

Tóm tắt

Services can now be stored and traded digitally, and they are not subject to many of the trade barriers that physical exports have to overcome. Services are no longer exclusively an input for trade in goods, but have become a 'final export' for direct consumption. It is important to note that services not only have become more tradable, but also can be increasingly unbundled: a single service activity in the global supply chain can now be fragmented and done separately at different geographic locations. This has led to a new channel of growth-what we call service exports sophistication.