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The rise of Asia, as well as the future of regional cooperation and integration (RCI) the world over, will be profoundly influenced by the challenges of slowing productivity growth, increasing economic inequalities and systemic vulnerabilities. Such structural reform issues will require RCI...
Persistent link: https://www.econbiz.de/10011416743
The focal issue of this investigation is whether the rising services sector would contract cost disease and stagnate economic growth in People's Republic of China (PRC), as diagnosed generally of tertiarization in Baumol's unbalanced growth model. Using provincial panel data for 1985-2001, the...
Persistent link: https://www.econbiz.de/10011279896
When debating the pros and cons of economic regionalism, haven't we focused enough on trade in goods at the expense of services? This article argues that regionalism is certainly a building block, not a stumbling block to a multilateral trading system, using the services liberalization scheme of...
Persistent link: https://www.econbiz.de/10011281475
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There is a widespread perception that the Republic of Korea's service sector lags behind its dynamic world-class manufacturing sector. We empirically analyze the past performance of the Republic of Korea's service sector in order to assess its prospects as an engine of growth. Our analysis...
Persistent link: https://www.econbiz.de/10009696204
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Cet ouvrage analyse certains des pièges de la libéralisation des services, mais recommande néanmoins la persévérance, voire l’accélération des réformes. Les auteurs préconisent une progression rapide et ordonnée vers l’intégration régionale du secteur des services reposant sur...
Persistent link: https://www.econbiz.de/10012440842
This book demonstrates some of the pitfalls associated with services liberalisation but recommends perseverance and even acceleration of the reforms. Contributors call for orderly and rapid progress towards regional integration of the services sector, based on the gradual removal of the barriers...
Persistent link: https://www.econbiz.de/10012448079
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