Green Services and Emergence and Recovery from the Global Economic Slowdown in Developing Asian Economies

Published By: ADBI on eSS | Published Date: March, 08 , 2010

The global economic slowdown has again highlighted the vulnerability of export-led development models and economies to downturns in export markets. Economic deepening or “rebalancing” with an emphasis on service-sector development should be—and is becoming—one long-term response to the crisis by Asia’s emerging economies. In the long run, sustainable economic development will depend in part on achieving a “green” trajectory of service sector development, in which services help green the “product economy.” [ADBI Working Paper 209]

Author(s): Mark Stoughton, Anbumozhi Venkatachalam | Posted on: Oct 08, 2010 | Views(594) | Download (763)

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