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  3. The Intangible Economy
  • Cited by 2
Publisher:
Cambridge University Press
Online publication date:
October 2018
Print publication year:
2017
Online ISBN:
9781108235938
DOI:
https://doi.org/10.1017/9781108235938
Subjects:
Economics, Industrial Economics, Economic Development and Growth, International Business
Series:
Development Trajectories in Global Value Chains
Information

Book description

The Intangible Economy: How Services Shape Global Production and Consumption studies aspects of the role of services in development as well as on particular sectoral issues, always with policy considerations lurking not far from the analysis. The volume highlights the evolution and significance of services in the global economy, including as a vehicle for development. It discusses the major pillars that hold the services infrastructure together, namely, its governance and financing mechanisms. Other chapters adopt more specific geographical or sectoral perspectives, including a regional study of the impact of services in economic integration in ASEAN; a country-level analysis of the role of services in economic and social upgrading in India; a look at industry-specific dynamics through the business process outsourcing model; and finally, a value chain view to understand how services are impacted on a granular or micro level by policies.

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