1997 | OriginalPaper | Buchkapitel
Services, Trade-related Temporary Movements and Migration Management: Some Concluding Remarks
verfasst von : Bimal Ghosh
Erschienen in: Gains from Global Linkages
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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Discussion in the previous chapters has shown that as developing countries fully exploit their potential comparative advantage in specific services and increase their participation in trade in service, the global economy gains from a more efficient use of the available resources, and all trading partners, including the industrial countries, can benefit. Beyond the initial efficiency gains, industrial countries should benefit from increased investment — as a result of higher returns to investment and, possibly, from innovation and higher productivity growth.