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The Service Revolution

Author

Listed:
  • 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?

Suggested Citation

  • Ghani, Ejaz & Kharas, Homi, 2010. "The Service Revolution," World Bank - Economic Premise, The World Bank, issue 14, pages 1-5, May.
    • Handle: RePEc:wbk:prmecp:ep14
    as

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    File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP14.pdf
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    References listed on IDEAS

    as
    1. Ghani, Ejaz (ed.), 2010. "The Service Revolution in South Asia," OUP Catalogue, Oxford University Press, number 9780198065111.
    2. Ghani, Ejaz & Kharas, Homi, 2010. "The Service Revolution," World Bank - Economic Premise, The World Bank, issue 14, pages 1-5, May.
    3. Bosworth, Barry & Collins, Susan M. & Virmani, Arvind, 2007. "Sources of Growth in the Indian Economy," India Policy Forum, National Council of Applied Economic Research, vol. 3(1), pages 1-69.
    4. Jagdish N. Bhagwati, 1984. "Splintering and Disembodiment of Services and Developing Nations," The World Economy, Wiley Blackwell, vol. 7(2), pages 133-144, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    growth; services; India; South Asia; income; manufacturing; poverty reduction; globalization; jobs; developing countries;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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