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Overlooked Opportunity: Tradable Business Services, Developing Asia, and Growth

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Author Info

  • Jensen, J. Bradford

    (Peterson Institute for International Economics)

Abstract

This paper argues that developing Asia is overlooking an opportunity for increased growth and development through trade in business services. Developing Asia would benefit from liberalizing services trade as it has benefited from liberalizing goods trade. This argument rests on these key findings: business services are important for growth, developing Asia is relatively under- endowed with business services, many business services are tradable, and developing Asia has relatively high barriers to services trade.

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Bibliographic Info

Paper provided by Asian Development Bank in its series ADB Economics Working Paper Series with number 326.

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Length: 25 pages
Date of creation: 31 Jan 2013
Date of revision:
Handle: RePEc:ris:adbewp:0326

Note: http://www.adb.org/sites/default/files/pub/2013/economics-wp326.pdf
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Keywords: services; trade barriers; Asia;

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