Services Exports Open a New Path to Prosperity

2019-03-25T18:07:21-04:00April 5, 2017|

By Prakash Loungani, Chris Papageorgiou, and Ke Wang

Versions in 中文 (Chinese), Français (French), 日本語 (Japanese), and Русский (Russian)

Services, which already account for 50 percent of world income and 70 percent of employment, are also becoming an important part of international trade. Services exports—accounting for nearly one fourth of total exports—have come to play a central role in the global economy, thanks in large part to advances in technology. […]

Asia: Leading the Global Recovery

2017-04-15T14:37:33-04:00April 29, 2010|

In our latest Regional Economic Outlook, we envisage that Asia will grow by 7 percent in 2010 and 2011, and emerging Asia by 8.7 percent each year, making significant contributions to global growth of 4.2 percent and 4.3 percent, respectively, this year and next.
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