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The growth rebalancing model, which places the nontradable services sector on center stage, is important to spur on faster growth in this sector and tap its potential to become another engine of growth for ASEAN economies. While ASEAN countries have allocated the bulk of their fiscal stimulus...
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economy leading to improvements in human capital skills. Structural change occurs when an economy changes the way it functions …
Persistent link: https://www.econbiz.de/10014100379
Services have long been perceived as playing a secondary role in world trade. In particular, the role of services trade … for about 50% of world trade and are significant in exports of countries of all levels of development. In addition, cross … an important determinant of foreign direct investment, economy-wide productivity, manufacturing competitiveness and …
Persistent link: https://www.econbiz.de/10012890024
The paper tests the role of agglomeration effects on the export decision of services firms. Recent theories on trade with heterogeneous firms predict that export participation goes along with sunk market-entry costs. Only the more productive firms will be able to overcome these sunk costs. This...
Persistent link: https://www.econbiz.de/10012979217
Services is the fastest-growing sector of today's global economy and trade in services is the most dynamic segment of … world trade. However, its potential remains constrained by a variety of barriers: trade costs are estimated to be almost …
Persistent link: https://www.econbiz.de/10012621400
The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the "classics", however (Fisher (1935), Clark...
Persistent link: https://www.econbiz.de/10013319586
Services have long been perceived as playing a secondary role in world trade. In particular, the role of services trade … for about 50% of world trade and are significant in exports of countries of all levels of development. In addition, cross … an important determinant of foreign direct investment, economy-wide productivity, manufacturing competitiveness and …
Persistent link: https://www.econbiz.de/10011992775
Chapter 1 : Introduction -- Chapter 2: Neoliberalism and After: The Indian Experience -- Chapter 3:Post-Reform Development in Indian States: Some Issues on Regional Inequality -- Chapter 4: Agriculture in the Perspective of Economic Liberalisation in India -- Chapter 5: Agriculture and State...
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