Can a growing services sector renew Asia's economic growth?

Date

2013-04

Contributor

Advisor

Department

Instructor

Depositor

Speaker

Researcher

Consultant

Interviewer

Narrator

Transcriber

Annotator

Journal Title

Journal ISSN

Volume Title

Publisher

Honolulu, HI : East-West Center

Volume

Number/Issue

Starting Page

Ending Page

Alternative Title

Abstract

To continue Asia's economic growth the focus for expansion and improvement must move from export manufacturing to the services sector--primarily to cross-border trade in such modern services as finance, information and communication, and professional business services. As the Asian services-sector economies have historically been dominated by personal services rather than by more information-intensive services, serious concerns exist about their ability to rapidly and successfully grow these modern services. While Asia does have some well-known services-sector success stories--such as in India and the Philippines--most Asian services economies have a history of relatively slow developmental change. Removing internal and external policy and structural constraints will be key to productivity growth in modern cross-border services trade. Improving educational opportunities and strengthening infrastructure and capital and labor markets will all be needed complements to regulatory reform if Asia is to grow new and innovative service providers.

Description

For more about the East-West Center, see http://www.eastwestcenter.org/

Keywords

Service industries - Asia, Asia - Commerce, East-West Center

Citation

Extent

8 p.

Format

Geographic Location

Time Period

Related To

Related To (URI)

Table of Contents

Rights

Rights Holder

Local Contexts

Email libraryada-l@lists.hawaii.edu if you need this content in ADA-compliant format.