Dec 27, 2024
Asia’s Economies Can Embrace Services to Boost Growth and Productivity
Posted by Shubham Ghosh Roy in categories: economics, employment, food
Employment and production typically move from agriculture to manufacturing to services, as part of a natural progression that comes with rising income. In Asia, factories have propelled economies, but a transition to modern services could be a new source of growth and productivity. Our blog explains.
Manufacturing has been the engine of growth in Asia, but a transition to modern, tradable services could be new source of growth and productivity.