Download or read book Global Trade in Services written by J. Bradford Jensen and published by Peterson Institute. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: He finds that, in spite of US comparative advantage in service activities, service firms' export participation lags manufacturing firms. Jensen evaluates the impediments to services trade and finds evidence that there is considerable room for liberalization-especially among the large, fast-growing developing economies. The policy recommendations coming out of this path-breaking study are quite clear. The United States should not fear trade in services. It should be pushing aggressively for services trade liberalization. Because other advanced economies have similar comparative advantage in service, the United States should make common cause with the European Union and other advanced economies to encourage the large, fast-growing developing economies to liberalize their service sectors through multilateral negotiations in the General Agreement on Trade in Services and the Government Procurement Agreement.
Download or read book International Trade in Services written by Olivier Cattaneo and published by World Bank Publications. This book was released on 2010-06-24 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: The services sector is key to economic growth, competitiveness, and poverty alleviation. Comprising more than two-thirds of the world economy, services are now commonly traded across borders, helped by technological progress and the increased mobility of persons. In recent years, a number of developing countries have looked at trade in services as a means to both respond to domestic supply shortages and to diversify and boost exports. Any country can tap into the trade potential of services, but not every country can become a services hub across sectors. The opening of the services sector potentially comes with large benefits, but also fears and costs that should not be overlooked. This book provides useful guidelines for the assessment of a country s trade potential, and a roadmap for successful opening and export promotion in select services sectors. It looks at both the effects of increased imports and exports, and provides concrete examples of developing country approaches that have either succeeded or failed to maximize the benefits and minimize the risks of opening. It focuses on sectors that have been rarely analyzed through the trade lens, and/or have a fast growing trade potential for developing countries. These sectors are: accounting, construction, distribution, engineering, environmental, health, information technology, and legal services. This book is designed for non-trade specialists to understand how trade can help improve access to key services in developing countries, and for trade specialists to understand the specific characteristics of each individual sector. It will be a useful tool for governments to design successful trade opening or promotion strategies, and for the private sector and consumers to advocate sound domestic policy reforms accompanying an offensive trade agenda.
Download or read book Service Industries in the World Economy written by P. W. Daniels and published by Wiley-Blackwell. This book was released on 1993 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increased role of service industries within the world economy has become a key factor in most contemporary accounts of global social and economic change. Service industries have enabled, and have themselves become a participant in, world trade, developing a rapidly escalating significance over the past decade, as new and diversified service products have generated increased consumption (from tourism and leisure to the financial sector).
Download or read book The Emerging Service Economy written by Services World Forum (Association) and published by Pergamon. This book was released on 1987 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Service sector, trade, economic role in economic development - service worker employment, information technology, outer space, tourism, insurance, data collecting, measurement, research methods, etc. Bibliography, diagrams.
Download or read book The U S Service Sector International Trade of Services and the Information and Communication Technology ICT written by Carsten Reuter and published by GRIN Verlag. This book was released on 2006-02-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2005 in the subject American Studies - Culture and Applied Geography, grade: 1,7, Friedrich-Alexander University Erlangen-Nuremberg (Lehrstuhl für Auslandswissenschaft, Englischsprachige Kulturen), course: An Introduction to Amercian Economy, language: English, abstract: Already in 1940 the U.S. became a so called “service economy” meaning that more than half of its work force is employed in producing intangibles. By 1975 two thirds of the work force was part of the tertiary sector. The Tertiary Sector, also known as the Service Sector, has become the number one driving force of the U.S. economy during the last decades. According to recent statistics (2002) it nowadays accounts for 78% of the U.S. non-agricultural employment and 76% of the U.S. private sector Gross Domestic Product (GDP). Additionally, the U.S. is the world’s premier services exporter (17% of worldwide services trade) and importer (14% of worldwide services trade) at the same time. These figures alone necessitate a closer look. However, scientist even predict a continuous increase in the relevance of this industry for the U.S. Economy, expecting that almost 100% of additionally created jobs during the next decade will belong to the Service Sector. This development is even more impressive considering the fact that the Service Sector was a subject almost not worth mentioning in the eyes of scientists up to the 1940s. Adam Smith stated in the 18th century, that services were “unproductive of any value because they do not fix or realize themselves in any permanent subject or vendible commodity which endures after labor is passed”. Another term used for the Tertiary Sector expresses very well the attitude toward this sector: The Residuum Sector, with the residual being the “unproductive labor”. Up to that point in history the merchandise producing industry, the trade of goods – nationally and internationally – and the market’s mechanisms and their expected development in future were the sole focus of economists. The questions are which factors have lead to the impressive growth of this industry and what will the future hold for it? This seminar paper will provide a glance at some of the numerous factors, namely the specialization of labor, growth of final demand and growth of goods-producing industries, and will than focus on the development and significance of the Information and Communication Technology for the U.S. service sector. However, at the beginning the term “service” will be defined and some of its different understandings explained.
Download or read book Trading Services in the Global Economy written by Juan R. Cuadrado Roura and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides one of the first interdisciplinary reviews of the relationship between services, globalisation and trade liberalisation as we enter the twenty-first century. Written by academics and policymakers, it contains a detailed analysis of the characteristics of service trade and of recent and current service trade negotiations.
Download or read book Technology in Services written by National Academy of Engineering and published by National Academies Press. This book was released on 1988-02-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning by dispelling some of the myths about services, this provocative volume examines the growth in services, the way technology has shaped this growth, and the consequences for the American economy. Chapters discuss such topics as the effects of technology on employment patterns and wages, international trade in services, and the relationship between services and the traditional manufacturing industries.
Download or read book International Trade in Services and Intangibles in the Era of Globalization written by Marshall B. Reinsdorf and published by University of Chicago Press. This book was released on 2009-06-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative measures of international exchange have historically focused on trade in tangible products or capital. However, services have recently become a larger portion of developed economies and international trade, and will only increase in the future. In International Trade in Services and Intangibles in the Era of Globalization, Marshall Reinsdorf and Matthew J. Slaughter examine new and emerging patterns of trade, especially the growing importance of transactions involving services or intangible assets such as intellectual property. A distinguished team of contributors analyzes the challenges involved in measuring trade in intangibles, the comparative advantages enjoyed by United States service industries, and the heightened international competition for jobs, capital investment, economic growth, and tax revenue that results from trade in services. This comprehensive volume will be necessary reading for scholars seeking to understand the rapidly changing global economy.
Download or read book Beyond Industrialization written by Ronald Kent Shelp and published by Praeger Publishers. This book was released on 1981 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade in Services written by Jonathan David Aronson and published by A E I Press. This book was released on 1984 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the service sector has been largely ignored in the world trade system, trade in services has in the past two decades become an important source of jobs and economic growth. In 1980 global service exports totaled about $370 billion, about 20 percent of world trade. Yet no coherent system of rules and procedures governs trade in services. Multilateral trade negotiations did not even consider services until Tokyo Round negotiations of the mid-1970s, and then only at US insistence. Since then US persistence has begun to reap results. Trade in services was one of the three most debated issues at the November 1982 General Agreement on Tariffs and Trade (GATT) ministerial meeting, and the May 1983 Williamsburg Summit's closing statement included a commitment to work toward free trade in services. Do services merit a prominent place in the trade agenda of the United States? Even if services deserve a high priority in principle, is it feasible to negotiate general rules for the services trade under GATT? Are other countries willing to change their longstanding history of regulation of services markets and to expose their national firms to the challenges of large US service firms? If the United States enters into multilateral negotiations on services, what might it expect to achieve?
Download or read book Trade and service industries written by Paul E. Malone and published by . This book was released on 1933 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States Service Industries Handbook written by Wray O. Candilis and published by Praeger. This book was released on 1988-03-25 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: United States Service Industries Handbook is designed to bring together the wealth of information on federal data sources for services, to analyze some of the characteristics of these industries, and to inquire into some of the problems of a service-oriented economy. It examines the strenght of the service sector, the growing proportion of consumer expenditures on service products, the explosion in service sector employment, the increasing importance of services in U.S. international trade, and the inclusion of services in the General Agreement on Tariffs and Trade (GATT). Also discussed are the present status of the industry and international trade issues affecting services. In addition, this comprehensive volume includes the latest statistics for the industry, a broad bibliography, and a detailed listing of sources of data.
Download or read book The Trade and Service Industries written by Yukon Territory. Department of Economic Development: Mines and Small Business and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Services in the Global Market written by Jacques A.E. Nusbaumer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Service activities are at the heart of a major economic revolution taking place all around us. This new economic revolution is equivalent to the Industrial Revolution in the eighteenth century, the rise of the guilds in the Middle Ages, and the shift from a hunter/gatherer economy to an agricultural/pastoral economy at the dawn of recorded history when organized agriculture first led to the development of towns and the invention of writing. In this new revolution, computers, factory robots, and completely automated factories are rapidly reducing the need for physi cal labor in production. At the same time, sophisticated agricultural machinery, fertilizers, pesticides, and biogenetic engineering have reduced and will continue to reduce the physical labor involved in growing food. In the new economy that will emerge from this revolution, most people will earn their living by working in services. Like all revolutions, the new economic revolution is troublesome because it brings with it major changes in everyday life, both at home and in the workplace. Change creates uncertainty about the future and am biguity in the interpretation of economic trends. The new revolution is also troublesome because it adds to the complexity of economic organiza tion and removes more people from the direct production of physical goods. In the new economy, more and more jobs will be based on the application of specialized knowledge and the manipulation of information with computers, a long step away from "real" jobs like growing wheat and assembling cars.
Download or read book The New Service Economy written by Jonathan Gershuny and published by Greenwood. This book was released on 1983 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Services Industries and the Knowledge based Economy written by Canada. Industry Canada and published by University of Calgary Press. This book was released on 2006 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: Services industries account for almost three-quarters of both gross domestic product and employment in Canada, a trend that Canada shares with other G-7 countries. Furthermore, the services sector has been responsible for most of Canada's employment creation and much of its productivity growth over the past decade and the sector's importance to the Canadian economy continues to increase. Thirty renowned experts contribute to this volume, which is aimed at better understanding the dynamics of Canadian services industries and identifying the types of policies most likely to improve their innovation and productivity performance.
Download or read book A Handbook of International Trade in Services written by Aaditya Mattoo and published by OUP Oxford. This book was released on 2007-11-22 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade and investment in services are an increasingly important part of global commerce. Advances in information and telecommunication technologies have expanded the scope of services that can be traded cross-border. Many countries now allow foreign investment in newly privatized and competitive markets for key infrastructure services, such as energy, telecommunications, and transport. More and more people are travelling abroad to consume tourism, education, and medical services, and to supply services ranging from construction to software development. In fact, services are the fastest growing components of the global economy, and trade and foreign direct investment (FDI) in services have grown faster than in goods over the past decade and a half. International transactions, however, continue to be impeded by policy barriers, especially to foreign investment and the movement of service-providing individuals. Developing countries in particular are likely to benefit significantly from further domestic liberalization and the elimination of barriers to their exports. In many instances, income gains from a reduction in protection to services may be far greater than from trade liberalization in goods. In light of the increasing importance of international trade in services and the inclusion of services issues on the agendas of the multilateral, regional and bilateral trade negotiations, there is an obvious need to understand the economic implications of services trade and liberalization. A Handbook of International Trade in Services provides a comprehensive introduction to the subject, making it an essential reference for trade officials, policy advisors, analysts, academics, and students. Beginning with an overview on the key issues in trade in services and discussion of the GATS, the book then looks at trade negotiations in the service sector, the barriers to trade in services, and concludes by looking at a number of specific service sectors, such as financial services, e-commerce, health services, and the temporary movement of workers.
