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The Importance of the Service Sector

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Region
Industry


Featured Chart

Share of Services Exports from the Developing World


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Featured Report

8/4/2003

GATS Negotiations Must Focus on Services Liberalization: The Case of SADC. By Kennedy K. Mbekeani*

The countries that comprise the Southern Africa Development Community (SADC) countries have recognized the economic benefits to be derived from autonomous reforms in sectors such as financial services, telecommunications and transport, which may be viewed as infrastructural backbones of any economy. These sectors have a significant impact on growth and efficiency across a wide range of user industries and overall economic performance.

Kennedy K. Mbekeani is Senior Research Fellow, Botswana Institute for Development Policy Analysis. This paper was first published in the World Bank Development Outreach Issue of July 2003.

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Featured Book/Article

World Development Report 2004: Making Services Work for Poor People

World Bank

World Development Report 2004: Making Services Work for Poor People
Nov 10, 2003

Book Description
Broad improvements in human welfare will not occur unless poor people receive wider access to affordable, better quality services in health, education, water, sanitation, and electricity. Without such improvements in services, freedom from illness and freedom from illiteracy - two of the most important ways poor people can escape poverty - will remain elusive to many.

The World...
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Featured Fact

Service Sector in the US Shows Highest Growth Rate and Recovers in Europe

The July non-manufacturing index of business activity was 65.1% according to the latest ISM REPORT ON BUSINESS. U.S. service sector grew for a fourth consecutive month in July and registered its highest ever level of activity since the index was produced in 1997. Also in July, new orders, order...
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Other Top 5 Facts:
US Trade in Services Continues to Decrease in March

US and UK Services Sectors Recover While Eurozone Services Continue to Fall

U.S. Services Trade Balance in February After Drop in Imports

U.S. Tourism Sales in 2002

The US Continues to be the Land of Opportunity for Foreign Temporary Workers

The US Continues to be the Land of Opportunity for Foreign Temporary Workers



Latest Services Reports and Statistics
  • GATS Negotiations Must Focus on Services Liberalization: The Case of SADC. By Kennedy K. Mbekeani*
  • World Trade In Education Services with Emphasis on New Zealand
  • Services Trade Balance Experiences Important Decrease In 2002
  • Electronic Commerce and the WTO. By Rachel Thompson*
  • Trade Liberalisation Benefits to EU Member States. By Cordula Thum

  • Featured Idea

    MTI For Your Information: Productivity in the Services Sector

    By Harry Freeman, President of The Mark Twain Institute

    Did you know that . . . . . . two “doctors” have announced that “Baumol’s Disease” has been cured?

    Economist William Baumol in the late 1960s argued that productivity in many sectors of the services economy tended to grow...
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    Other Top 5 Ideas:

  • MTI For Your Information: Services Sector Business Activity
  • The Mark Twain Institute For Your Information The U.S. ‘Plan B’ for services trade negotiations may not be so bad?
  • Mark twain Institute For Your Information
  • Mark Twain Institute For Your Information From Harry Freeman
  • Mark Twain Institute For Your Information

     
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