The services economy: Service sector growth and the information society Phuah Eng Chye (16 September 2017) I have tried to cast new light on the role of the service sector as the main engine of growth in an economy. In this regard, one common error is to apply the planning model used for an industrial … “The services economy: Service sector growth and the information society”
Month: September 2017
The services economy: Policy challenges and the Japanese experience
The services economy: Policy challenges and the Japanese experience Phuah Eng Chye (9 September 2017) The significance of the transition from manufacturing to services has never been fully grasped in economic policies. The decline of the manufacturing sector share of GDP marks the passing of the economic leadership baton to the services sector. The services … “The services economy: Policy challenges and the Japanese experience”
The services economy: Comparing the manufacturing and service paradigms
The services economy: Comparing the manufacturing and service paradigms Phuah Eng Chye (2 September 2017) The share of the manufacturing sector has been falling and that of services has been rising for decades in many advanced countries. Services is the dominant sector in advanced economies. Yet the services sector is often treated as a poor … “The services economy: Comparing the manufacturing and service paradigms”