Growth In Services Fostering Employment Productivity And Innovation
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Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 23 |
Release | : 2005-05-02 |
Genre | : |
ISBN | : 9264064575 |
At its meeting in May 2003, the Ministerial Council asked the OECD to analyse the contribution made by the services sector to employment growth, productivity and innovation, and to identify factors, institutions and policies that could enhance the ...
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Total Pages | : 0 |
Release | : 2005 |
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Author | : Gaurav Nayyar |
Publisher | : World Bank Publications |
Total Pages | : 364 |
Release | : 2021-10-18 |
Genre | : Business & Economics |
ISBN | : 1464817103 |
Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Author | : National Academy of Engineering |
Publisher | : National Academies Press |
Total Pages | : 256 |
Release | : 1988-02-01 |
Genre | : Business & Economics |
ISBN | : 0309038871 |
Beginning by dispelling some of the myths about services, this provocative volume examines the growth in services, the way technology has shaped this growth, and the consequences for the American economy. Chapters discuss such topics as the effects of technology on employment patterns and wages, international trade in services, and the relationship between services and the traditional manufacturing industries.
Author | : Jonathan Gershuny |
Publisher | : Greenwood |
Total Pages | : 308 |
Release | : 1983 |
Genre | : Business & Economics |
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Author | : P.T. Harker |
Publisher | : Springer Science & Business Media |
Total Pages | : 511 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 940110073X |
3 While all of these explanations seem to have merit, there is one dominant reason why the percentage of GDP and employment dedicated to services has continued to increase: low productivity. According to Baumol's cost disease hypothesis (Baumol, Blackman, and Wolff 1991), the growth in services is actually an illusion. The fact is that service-sector productivity is improving slower than that of manufacturing and thus, it seems as if we are consuming more services in nominal terms. However, in real terms, we are consuming slightly less services. That is, the increase in the service sector is caused by low productivity relative to manufacturing. The implication of Baumol's cost disease is the following. Assuming historical productivity increases for manufacturing, agriCUlture, education and health care, Baumol (1992) shows that the U. S. can triple its output in all sectors within 50 years. However, due to the higher productivity level for manufacturing and agriculture, it will take substantially more employment in services to achieve this increase in output. To put this argument in perspective, simply roll back the clock 100 years or so and replace the words manufacturing with agriculture, and services with manufacturing. The phenomenal growth in agricultural productivity versus manufacturing caused the employment levels in agriculture in the U. S. to decrease rapidly while producing a truly unbelievable amount of food. It is the low productivity of services that is the real culprit in its growth of GDP and employment share.
Author | : Mark J. Hooper |
Publisher | : CRC Press |
Total Pages | : 808 |
Release | : 2016-03-09 |
Genre | : Business & Economics |
ISBN | : 1317030303 |
A nation's economic success depends on the capacity of its companies and trading organizations to develop business relationships, trade and do business in the international arena. Doing business across borders subtly changes the processes and skills the successful manager needs. Cultural, social, geographic and legal factors serve to complicate the picture. The mantra for managers today is think global, act local. In this handbook the authors concentrate on the big developments that currently are happening at an international level. They consider how managers operating in the global business landscape must change what they do to create advantages and remain competitive. The Global Business Handbook is based on the structure of the very successful IÉSEG International School of Management's programme on international management. It includes a global focus, backed by the latest research on different aspects of international business carried out in different parts of the world.
Author | : |
Publisher | : BoD – Books on Demand |
Total Pages | : 140 |
Release | : 2024-01-31 |
Genre | : Business & Economics |
ISBN | : 1803561408 |
International Business - New Insights on Changing Scenarios is a collection of reviewed and relevant research chapters offering a comprehensive overview of recent developments in business, management, and economics. The book presents a review of the latest research efforts by international authors in social science and opens new possible research paths for further novel developments. Chapters address such topics as business intelligence, circular systems, corporate governance, work-related safety issues, and much more.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 133 |
Release | : 2005-07-19 |
Genre | : |
ISBN | : 9264011870 |
This 2005 edition of OECD's periodic review of Hungary's economy examines what Hungary must do to maintain its fast pace of growth and to smooth its entry into the euro area. It also looks at policies to improve the health care system and to raise ...