The Service Revolution

The Service Revolution

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?...

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Bibliographic Details
Main Authors:	Ghani, Ejaz, Kharas, Homi
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING ASSETS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT INDICATORS DEVELOPMENT REPORT ECONOMIC GROWTH ECONOMIC POLICY EMPLOYMENT OF WOMEN FEMALE FINANCIAL INTERMEDIATION GENDER GENDER EQUALITY GLOBAL MARKETS GROWTH PATTERN GROWTH RATES HEALTH CARE HIGH GROWTH HOTELS HOUSEHOLDS INCOME INCOME GROWTH INDUSTRIAL DEVELOPMENT INEQUALITY INEQUALITY OUTCOMES LABOR FORCE LABOR MARKET LABOR MARKETS OUTPUT GROWTH POVERTY RATE POVERTY RATES POVERTY REDUCTION RAPID GROWTH REDUCING POVERTY RURAL RURAL AREAS RURAL FINANCE RURAL POVERTY RURAL POVERTY RATES RURAL WORKERS SAVINGS STRUCTURAL ADJUSTMENT URBAN AREAS URBAN MIGRATION URBAN POVERTY URBAN WORKERS UTILITIES WATER SUPPLY
Online Access:	http://documents.worldbank.org/curated/en/2010/05/12286839/service-revolution http://hdl.handle.net/10986/10187

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Summary:	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? And What kind of policies and institutions do developing countries need to benefit from services-led growth?

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