Leveraging Services for Development

Leveraging Services for Development

Services now comprise the largest share of economic activity and employment in almost every country.

This book presents the latest evidence demonstrating how technologies and globalization have transformed the services industry. A well-functioning services sector can accelerate human development through better access to basic needs, such as education, energy, finance, health, water, and sanitation. Services can also be a source of good jobs with fewer negative environmental and social externalities. Overall, the ongoing structural transformation toward a services economy is a unique opportunity to achieve long-term income growth, which in turn promotes sustainable development.

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