CIAO DATE: 06/2009
October 2008
Norwegian Institute of International Affairs
Advanced countries have in recent decades undertaken a process of industrial transformation and structural change characterized by an increasing importance of the service sectors and a declining weight of several manufacturing activities. Service industries have recently shown a remarkable dynamism, which has induced much enthusiasm and expectations about their possible role as the new engine of growth in the knowledge-based economy.
Resource link: Structural Change and the Growth of Industrial Sectors: Empirical Test of a GPT Model [PDF] - 760K