The services economy: Macroeconomic overview

The services economy: Macroeconomic overview Phuah Eng Chye (12 August 2017) The transition to an information society begins with the ascendency of the services sector. As output becomes increasingly intangible, the services sector supplants the manufacturing sector as the main contributor to the economy. The manufacturing sector then hollows out with its share of GDP … “The services economy: Macroeconomic overview”

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