Trade in Services: Awareness, the First Step
International Trade Forum › Num. 2/2005, Avril 2005
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Résumé
The export strategies of many developing countries focus on goods and overlook opportunities to diversify trade and create jobs through services. Services are not just important in their own right. They provide the backbone for all trade. Boosting service exports also helps development by creating jobs for those less involved in traditional exports, for example, women entrepreneurs or disabled workers offering consulting services. Research shows that developing countries have capacity and export potential in many service sectors. Services account for at least 50% of gross domestic product in most developing countries. The main challenge is lack of awareness. Building credibility abroad is another challenge. Developing countries often have to overcome negative perceptions in international markets. Attention to marketing and quality assurance can improve the standing of service firms from developing countries.
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Trade in Services: Awareness, the First Step
The export strategies of many developing countries focus on goods and overlook opportunities to diversify trade and create jobs through services. Global service markets are growing and offer opportuni...
Voir le contenu complet de ce document
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