This is the role the services sector can play in transforming economies
New evidence suggests that productivity growth has underpinned the expansion of the services sector in developing economies, such as India, experts say.
Shu Yu is an Economist with the Development Economic Prospects Group of the World Bank. Her main research interests are in areas of international economics, development economics, and political economy. Prior to joining the World Bank, Shu held a post-doctoral fellowship at the University of Rochester and worked at the IMF and the Conference Board. She holds a PhD in economics from the University of Groningen and a BSc in economics from Fudan University. Her recent papers include work on China’s outward direct investment, stability and long-term growth, and the impact of institutional quality on trade.
New evidence suggests that productivity growth has underpinned the expansion of the services sector in developing economies, such as India, experts say.
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