Overlooked Opportunity: Tradable Business Services, Developing Asia, and Growth

Working Paper
12-23
November 2012

This paper argues that developing Asia is overlooking an opportunity for increased growth and development through trade in business services. Developing Asia would benefit from liberalizing services trade as it has benefited from liberalizing goods trade. This argument rests on these key findings: business services are important for growth, developing Asia is relatively under-endowed with business services, many business services are tradable, and developing Asia has relatively high barriers to services trade.

More From

J. Bradford Jensen Senior Research Staff

More on This Topic

Op-Eds
Marcus Noland (PIIE), Donghyun Park (Asian Development Bank) and Gemma B. Estrada (Asian Development Bank)
December 1, 2012
Working Paper
Donghyun Park (Asian Development Bank) and Kwanho Shin (Korea University)
October 2012