Show notes
The idea that manufacturing is superior to services for powering a country’s economy has long been taken as a given.That’s why some economists have issued warnings about developing countries experiencing what they call premature deindustrialization. In those countries, they see service activity overtaking manufacturing before a proper manufacturing economy has taken hold. But what if the way services are measured no longer reflects modern production? And what if services don’t deserve to be relegated to a lesser form of production anyway? Read the transcripthttps://bit.ly/2KeCFYzRead the working paperhttps://bit.ly/2OrCE8RAbout the authorsValerie Mercer-Blackman is a senior economist at the Asian Development Bank.Christine Ablaza is a doctoral student at the University of Queensland in Brisbane.Know more about ADBI’s workhttps://bit.ly/2YuWWhHhttps://bit.ly/2YufPRH



