Service with a Smile

Can service be a growth escalator? The world is experiencing its third industrial revolution, and services are at the forefront of this revolution. Services have already surpassed industry as a source of economic growth and job creation, in both de...

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Main Authors: Ghani, Ejaz, Goswami, Arti Grover, Kharas, Homi
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2012/11/16933433/service-smile
http://hdl.handle.net/10986/17068
id okr-10986-17068
recordtype oai_dc
spelling okr-10986-170682021-04-23T14:03:33Z Service with a Smile Ghani, Ejaz Goswami, Arti Grover Kharas, Homi ADB AGRICULTURE AUDITS AVERAGE GROWTH AVERAGE PRODUCTIVITY BALANCE OF PAYMENTS COMMUNICATION TECHNOLOGIES COMMUNICATION TECHNOLOGY COMPARATIVE ADVANTAGE DEBT DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT INDICATORS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIC RESEARCH EMPLOYMENT EXPORTS FREE PRESS GDP GLOBAL ECONOMY GLOBAL MARKETS GROSS DOMESTIC PRODUCT GROWTH RATES HIGH GROWTH HUMAN CAPITAL INDUSTRIAL SECTOR INSURANCE INTERNATIONAL TRADE LABOR FORCE LABOR MARKET MACROECONOMICS NATURAL RESOURCES OUTSOURCING PER CAPITA INCOME PER CAPITA INCOME LEVELS PER CAPITA INCOMES POLICY RESEARCH POOR COUNTRIES POVERTY REDUCTION PRODUCTIVITY PRODUCTIVITY GROWTH RAPID GROWTH REGULATORY REFORM RICH COUNTRIES TECHNOLOGY FRONTIER TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TRADE LIBERALIZATION TRANSITION ECONOMIES TRANSPORT URBANIZATION VALUE ADDED WTO Can service be a growth escalator? The world is experiencing its third industrial revolution, and services are at the forefront of this revolution. Services have already surpassed industry as a source of economic growth and job creation, in both developed and developing economies. In the industrial sector, technologies have matured and employment is shrinking. However, services are getting more sophisticated and jobs are expanding. Services growth is also more inclusive and sustainable. It increases the participation of women in the labor force and places a lighter burden on natural resources. The promise of the services revolution is that countries do not need to wait to get started with rapid development. There is a new boat that development latecomers can take. 2014-02-18T19:56:09Z 2014-02-18T19:56:09Z 2012-11 http://documents.worldbank.org/curated/en/2012/11/16933433/service-smile http://hdl.handle.net/10986/17068 English en_US Economic premise;no. 96 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADB
AGRICULTURE
AUDITS
AVERAGE GROWTH
AVERAGE PRODUCTIVITY
BALANCE OF PAYMENTS
COMMUNICATION TECHNOLOGIES
COMMUNICATION TECHNOLOGY
COMPARATIVE ADVANTAGE
DEBT
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DEVELOPMENT INDICATORS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC PERFORMANCE
ECONOMIC POLICY
ECONOMIC RESEARCH
EMPLOYMENT
EXPORTS
FREE PRESS
GDP
GLOBAL ECONOMY
GLOBAL MARKETS
GROSS DOMESTIC PRODUCT
GROWTH RATES
HIGH GROWTH
HUMAN CAPITAL
INDUSTRIAL SECTOR
INSURANCE
INTERNATIONAL TRADE
LABOR FORCE
LABOR MARKET
MACROECONOMICS
NATURAL RESOURCES
OUTSOURCING
PER CAPITA INCOME
PER CAPITA INCOME LEVELS
PER CAPITA INCOMES
POLICY RESEARCH
POOR COUNTRIES
POVERTY REDUCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
RAPID GROWTH
REGULATORY REFORM
RICH COUNTRIES
TECHNOLOGY FRONTIER
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TRADE LIBERALIZATION
TRANSITION ECONOMIES
TRANSPORT
URBANIZATION
VALUE ADDED
WTO
spellingShingle ADB
AGRICULTURE
AUDITS
AVERAGE GROWTH
AVERAGE PRODUCTIVITY
BALANCE OF PAYMENTS
COMMUNICATION TECHNOLOGIES
COMMUNICATION TECHNOLOGY
COMPARATIVE ADVANTAGE
DEBT
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DEVELOPMENT INDICATORS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC PERFORMANCE
ECONOMIC POLICY
ECONOMIC RESEARCH
EMPLOYMENT
EXPORTS
FREE PRESS
GDP
GLOBAL ECONOMY
GLOBAL MARKETS
GROSS DOMESTIC PRODUCT
GROWTH RATES
HIGH GROWTH
HUMAN CAPITAL
INDUSTRIAL SECTOR
INSURANCE
INTERNATIONAL TRADE
LABOR FORCE
LABOR MARKET
MACROECONOMICS
NATURAL RESOURCES
OUTSOURCING
PER CAPITA INCOME
PER CAPITA INCOME LEVELS
PER CAPITA INCOMES
POLICY RESEARCH
POOR COUNTRIES
POVERTY REDUCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
RAPID GROWTH
REGULATORY REFORM
RICH COUNTRIES
TECHNOLOGY FRONTIER
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TRADE LIBERALIZATION
TRANSITION ECONOMIES
TRANSPORT
URBANIZATION
VALUE ADDED
WTO
Ghani, Ejaz
Goswami, Arti Grover
Kharas, Homi
Service with a Smile
relation Economic premise;no. 96
description Can service be a growth escalator? The world is experiencing its third industrial revolution, and services are at the forefront of this revolution. Services have already surpassed industry as a source of economic growth and job creation, in both developed and developing economies. In the industrial sector, technologies have matured and employment is shrinking. However, services are getting more sophisticated and jobs are expanding. Services growth is also more inclusive and sustainable. It increases the participation of women in the labor force and places a lighter burden on natural resources. The promise of the services revolution is that countries do not need to wait to get started with rapid development. There is a new boat that development latecomers can take.
format Publications & Research :: Brief
author Ghani, Ejaz
Goswami, Arti Grover
Kharas, Homi
author_facet Ghani, Ejaz
Goswami, Arti Grover
Kharas, Homi
author_sort Ghani, Ejaz
title Service with a Smile
title_short Service with a Smile
title_full Service with a Smile
title_fullStr Service with a Smile
title_full_unstemmed Service with a Smile
title_sort service with a smile
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2012/11/16933433/service-smile
http://hdl.handle.net/10986/17068
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