IDEAS home Printed from https://ideas.repec.org/a/rnp/ecopol/s21123.html
   My bibliography  Save this article

Services Export in Developing Economies
[Экспорт Услуг В Развивающихся Экономиках]

Author

Listed:
  • Ivan Lyubimov

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

This paper examines the structure of services exports in less developed economies. In more developed countries, complex services, such as maintenance and repair or information and communication technologies (ICT), and simple services, such as international tourism, both play an important role. However, in less developed economies, less complex sectors prevail. In the case of the latter, the sectoral structure is associated with a number of disadvantages. First, these sectors are predominantly exported on a regional rather than global scale, and second, as the experience of the COVID-19 pandemic shows, they are sensitive to particular global shocks. This does not imply that developing economies should invest less in these services, as the structure of production factors limits their ability to form viable alternatives. However, developing countries could pay more attention to those service industries that, on the one hand, do not require building a wide variety of complex and costly production ingredients such as innovation systems or large-scale production facilities and, on the other hand, provide more opportunities to export globally, create more high-quality jobs and are more resilient to global shocks. The ICT sector is used as an example of such an industry. This is not to suggest that the ICT sector can become a driving force of prosperity in the developing world; its effect is likely to be modest. Nevertheless, due to the specifi cities of the ICT sector, it might deliver many more success stories than a typical industrialization strategy.

Suggested Citation

  • Ivan Lyubimov, 2021. "Services Export in Developing Economies [Экспорт Услуг В Развивающихся Экономиках]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 76-95, October.
  • Handle: RePEc:rnp:ecopol:s21123
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/ecopol/s21123.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:ecopol:s21123. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.