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
Consider an economy with three states. The following set of stocks is traded:   x 1 =(2,2,0)    x 2 =(1,0,3)  x 3 =(0,2,4). The t=0 prices of these stocks are given as follow

this is a project I need help answering the questions

how to find total revenue total cost approch in equilibrium firms


Explain about the deadweight loss and elasticities. Deadweight Loss and Elasticities: The common rule for economic policy is the other things equal; you need to select the p

Determine the value of the marginal product of labor. Equilibrium in the Labor Market Each firm will hire labor up to the point at that the value of the marginal product of



critically analysis firm theory of profit maximization?

DISCUSS THE HICKSIAN & SLUTSKIAN APPROACH TO CONSUMER BEHAVIOR WHERE THERE IS CHANGE IN PRICE OF ONE GOOD GIVEN TWO GOODS