Policy implications - structure of national income , Microeconomics

Policy Implications:

The expansion of the services sector  has wider implications for population, employment, and trade prospects of the economy, some of which are as follows: 

1) The growing share of the services sector points to the need for policy initiatives towards introducing greater competition and efficiency in this sector so as to ensure its sustained contribution to exports (especially software) and to higher long-term growth. 

2) The gains in productivity in the agricultural and industrial sectors resulting from technological progress and innovation will have the effect of shifting employment away from the non-service sector to the services sector. This may also indicate a shift in real expenditures from commodities to value added services. 

3) The services sector constitutes a  tax-base with vast but unexploited potential, and, therefore, its growth has long-term implications for the fiscal policy.  

Posted Date: 11/10/2012 3:18:36 AM | Location : United States

Related Discussions:- Policy implications - structure of national income , Assignment Help, Ask Question on Policy implications - structure of national income , Get Answer, Expert's Help, Policy implications - structure of national income Discussions

Write discussion on Policy implications - structure of national income
Your posts are moderated
Related Questions
Lynne’s income is $2, 000 and she is risk averse. The probability of someone slipping on her stairs is 1 8 . If this happens, she will be sued for $1, 000 and will have to pay that

Review the following information pertaining to the potato chip industry and answer the questions below in a five to six double spaced page paper (not including title and reference

what total cost function yields a U-shaped average total cost function

2. You are examining the effects of a specific tax of 10 cents imposed on the sales of a product that we shall call XYZ. To carry out your analysis, assume that the market is a per

In the purely competitive analysis, there were two dissimilar models, one model for the industry, in which the interaction of supply and demand recognized the market price and quan

IMPLEMENTATION OF ECONOMIC POLICIES: Innumerable studies are available to  document these failures of policy and planning. However, there are vast differences of opinion conce

Why does a monopoly have no supply curve?  A supply curve is a curve that shows the quantity supplied at dissimilar prices, as a monopoly sets the price and the quantity togeth

In an essay of at least four well-developed paragraphs, discuss U.S. economic policy. Be sure to include the following information in your essay: Compare and contrast the economi

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4