Services
Why services trade matters
This section examines the role of trade in services in helping countries to achieve rapid and inclusive growth. Section C.1 discusses and attempts to quantify how services trade benefits the economy and promotes growth. Section C.2 discusses the role trade in services plays in enhancing domestic firms’ competitiveness not only in the services sector but also in manufacturing. Section C.3 considers how services trade promotes inclusiveness in a number of areas such as skills gender and location of economic activity. Section C.4 concludes.
Introduction
Services Profiles provides users with statistics on key infrastructure services (transportation telecommunications and finance and insurance) for some 140 economies. Coverage will be gradually expanded for future editions. The information is derived from national accounts employment statistics balance of payments statistics foreign affiliates statistics foreign direct investment statistics and quantitative indicators largely sourced from international/regional organizations and specialized bodies. These statistics are presented in a standardized format for quick reference.