Advanced business services in emerging Asian economies Cover Image

Zaawansowane usługi biznesowe we wschodzących gospodarkach Azji
Advanced business services in emerging Asian economies

Author(s): Artur Klimek
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Asia; India; advanced business services; exports; foreign direct investment;

Summary/Abstract: The goal of this paper is to present the results of the empirical analysis of the role of emerging Asian economies in the global market for business services. The focus is on India, as the leader in advanced business services in the region. The method applied in this paper is the quantitative analysis of data related to trade and foreign direct investment in services. The novelty of the paper lays in focusing on business services through their international exchange and activities of multinational corporations. This papers aims to focus on broader economic perspective rather than usual offshoring. The main conclusion of the paper is the rising role of services in economies that were previously focused on manufacturing and merchandise trade. Both due to the structural changes in foreign markets and home governments’ policies the process of tertiarisation is taking place. Special focus is on advanced business services which require and create vast amount of knowledge.

  • Issue Year: 2017
  • Issue No: 486
  • Page Range: 61-70
  • Page Count: 10
  • Language: English
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