Reform and Regional Integration of Professional Services in East Africa
Professional services matter for development in East Africa. Business services, including professional services, are among the most dynamic services sectors; and are a key input for other sectors. Greater use of professional services by East Africa...
| Main Authors: | , , , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2010/09/12806166/reform-regional-integration-professional-services-east-africa http://hdl.handle.net/10986/10158 |
| Summary: | Professional services matter for
development in East Africa. Business services, including
professional services, are among the most dynamic services
sectors; and are a key input for other sectors. Greater use
of professional services by East African firms is associated
with higher labor productivity. But there is a large gap
between the potential contribution these services could make
and the meager contribution they make today. National
markets for professionals and professional services in East
Africa remain underdeveloped, whereas regional markets are
fragmented by restrictive policies and regulatory
heterogeneity. An effective reform agenda will require
policy action in four areas: education, regulation of
professional services, trade policy, and labor mobility at
both the national and international levels. |
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