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The Service Revolution

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Author Info

  • Ghani, Ejaz

    ()
    (World Bank)

  • Kharas, Homi

    ()
    (World Bank)

Abstract

The growth experience of India and other South Asian countries suggests that a “Service Revolution”—rapid income growth, job creation, gender equality, and poverty reduction led by services—is now possible. What is a service revolution? Can services be as dynamic as manufacturing? Can latecomers to development take advantage of the globalization of services? Can services be a driver of sustained growth, job creation, and poverty reduction? What kind of policies and institutions do developing countries need to benefit from services-led growth?

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File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP14.pdf
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Bibliographic Info

Article provided by The World Bank in its journal Economic Premise.

Volume (Year): (2010)
Issue (Month): 14 (May)
Pages: 1-5

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Handle: RePEc:wbk:prmecp:ep14

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Keywords: growth; services; India; South Asia; income; manufacturing; poverty reduction; globalization; jobs; developing countries;

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  1. Barry Bosworth & Susan M. Collins & Arvind Virmani, 2006. "Sources of Growth in the Indian Economy," India Policy Forum, Global Economy and Development Program, The Brookings Institution, vol. 3(1), pages 1-69.
  2. Ejaz Ghani & Homi Kharas, 2010. "The Service Revolution," World Bank Other Operational Studies 10187, The World Bank.
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