The Intangible Economy
How Services Shape Global Production and Consumption

Studies the role of services in development as well as on sectoral issues, with policy considerations embedded in the analysis.

Deborah K. Elms (Edited by), Arian Hassani (Edited by), Patrick Low (Edited by)

9781108402651, Cambridge University Press

Paperback / softback, published 6 July 2017

206 pages
22.7 x 15.2 x 1.2 cm, 0.27 kg

The Intangible Economy: How Services Shape Global Production and Consumption studies aspects of the role of services in development as well as on particular sectoral issues, always with policy considerations lurking not far from the analysis. The volume highlights the evolution and significance of services in the global economy, including as a vehicle for development. It discusses the major pillars that hold the services infrastructure together, namely, its governance and financing mechanisms. Other chapters adopt more specific geographical or sectoral perspectives, including a regional study of the impact of services in economic integration in ASEAN; a country-level analysis of the role of services in economic and social upgrading in India; a look at industry-specific dynamics through the business process outsourcing model; and finally, a value chain view to understand how services are impacted on a granular or micro level by policies.

List of figures, Tables and boxes
Acknowledgments
1. Introduction Deborah K. Elms, Arian Hassani and Patrick Low
2. Contextualizing services in the world economy Patrick Low and Arian Hassani
3. Services and development: priorities for reform Christopher Findlay
4. Gainfully linking into global value chains: a middle-income country's perspective Maria Joy V. Abrenica
5. Who governs global value chains? Sherry Stephenson and Anne-Katrin Pfister
6. Supply chain finance Gloria O. Pasadilla
7. Services and economic integration in ASEAN Julia Puspadewi Tijaja
8. Indian IT firms: the push for innovation Dev Nathan, Sandip Sarkar and Balwant Singh Mehta
9. Leveraging business process outsourcing for growth Pradeep Mukherji and Chirag Rawat
10. Services in global value chains and the impact of policy Denise Cheung and David Sit
Index.

Subject Areas: Service industries [KNS], Development economics & emerging economies [KCM], Economics of industrial organisation [KCD]