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Title The intangible economy. How services shape global production and consumption / deborah K. Elms ; Arian Hassani ; Patrick Low.

Publication Info. Cambridge : Cambridge University Press, 2017.

Item Status

Description 1 online resource (206 pages).
Physical Medium polychrome
Description text file
Series Development Trajectories in Global Value Chains
Development trajectories in global value chains.
Summary This book 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. It 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.
Contents Cover; The Intangible Economy; Title; Copyright; CONTENTS; LIST OF FIGURES, TABLES AND BOXES; ACKNOWLEDGEMENTS; 1. Introduction; 2. Contextualizing Services in the World Economy; Introduction; The traditional neglect of services; Classical economic thought; The Baumol cost disease; Manufacturing and neglect of services; Services and productivity; The challenges of data; Identifying and pricing the product; Value-added versus gross measurement; Services in national and global settings; Defining services; The functions of services in production; Service inputs and tradability
GVC governance from the country perspectiveThe evolving understanding of GVCs in an international trade context; GVC governance from the global trading system perspective; Focus on changes in WTO processes (a short-term agenda); Focus on expansion of existing WTO areas of competence and changes to WTO negotiating approaches (a medium- to long-term agenda); Creation of a GVC platform to focus on the trade and developmental aspects of supply chain operation; Conclusion and recommendations; References; 6. Supply Chain Finance; Introduction; Financing supply chains
Supply chain finance and the real economySupply chain finance: The creditor's perspective; Legal and regulatory issues: Survey of FIs; SCF connecting buyers and sellers; Advantages of SCF; Growth and development of supply chain finance; Challenges; KYC, CDD, AML; Basel III regulations; Regulations on cross-border data flows; Conclusion; References; 7. Services and Economic Integration in ASEAN; Introduction; Dynamic ASEAN: Opportunities and challenges in services; ASEAN in GVCs; Services in ASEAN economies; How services enter ASEAN value chains
Services in the context of ASEAN regional integrationASEAN integration; AFAS; AEC blueprint: A focus on services; Conclusion; References; 8. Indian IT Firms; Introduction; IT Services GVC; Position of Indian IT majors; Global majors' response to the Indian challenge; The Airtel outsourcing decision; Indian majors' response; Indian IT majors' move to upgrade; Conclusion; References; 9. Leveraging Business Process Outsourcing for Growth; Introduction; BPO value chain; BPO services -- climbing the value chain; Global trends catalyzing growth of emerging and nascent destinations
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Service industries -- Government policy.
Service industries -- Government policy.
Service industries.
Service industries -- Economic aspects.
Service industries -- Economic aspects.
Globalization -- Economic aspects.
BUSINESS & ECONOMICS -- Economics -- General.
Globalization -- Economic aspects.
BUSINESS & ECONOMICS -- Reference.
Added Author Elms, Deborah K.
Hassani, Arian.
Low, Patrick, 1949-
Other Form: Print version: Intangible economy. How services shape global production and consumption. Cambridge : Cambridge University Press 2017 9781108416153 (OCoLC)1035756543
ISBN 9781108597982 (electronic book)
110859798X (electronic book)
9781108235938
110823593X
1108402658
9781108402651
9781108416153
1108416152
9781108402651