Eichengreen, Barry; Gupta, Poonam - East Asian Bureau of Economic Research (EABER) - 2009
-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that … association. Here we identify two waves of service sector growth, a first wave in countries with relatively low levels of per … is not equally evident in all economies : it is most apparent in democracies, in countries that are open to trade, and in …