Beyond Industrialization New Approaches to Development Strategy Based on the Service Sector

This paper argues that it is becoming increasingly difficult for most developing countries to achieve rapid growth through industrialization, and especially through export oriented activities. But the key mechanisms seen as driving the industrial take-off in much of the literature (internal increasing returns, transfer of labour into higher value activities and pecuniary externalities) are alive and well, and are evident in services as well as in industry.

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Year of publication:	2009-02
Authors:	Sheehan, Peter
Institutions:	eSocialSciences
Subject:	industrialization \| services \| development strategy \| rapid growth \| China \| India \| human welfare \| poor countries \| rural areas \| industry \| agricultural \| output

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Institutional Papers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005487877