Attention Economy


Friday, December 20, 2024

Is Services-Led Development Feasible?

Services Are the New Road to Development
https://www.project-syndicate.org/commentary/services-led-development-model-now-more-promising-than-manufacturing-by-indermit-gill-and-aaditya-mattoo-2024-12
After decades of policymakers assuming that manufacturing is the key to climbing the global value chain and boosting incomes, the evidence shows that services increasingly represent a more promising path to prosperity. In fact, the countries that pioneered the old model have become a case in point.
 
Services-led development: A virtuous cycle of opportunity and capacity
https://cepr.org/voxeu/columns/services-led-development-virtuous-cycle-opportunity-and-capacity
 
Related:
Services Unbound: Digital Technologies and Policy Reform in East Asia and the Pacific
https://www.worldbank.org/en/region/eap/publication/services-unbound
At Your Service?: The Promise of Services-Led Development
https://openknowledge.worldbank.org/handle/10986/35599