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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Macroeconomic frameworks for the information society

Macroeconomic frameworks for the information society Phuah Eng Chye (29 July 2017) Recessions, anaemic investment and rising unemployment are generally viewed as momentary ailments reversible through macroeconomic policy interventions. These policy options are usually considered within the Keynesian-monetarist or free markets-government frameworks. But since the global financial crisis of 2007, it has been noticeable that … “Macroeconomic frameworks for the information society”

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