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Economic Performance in the Americas - The Role of the Service Sector in Brazil, Mexico and the USA (Hardcover, illustrated edition)
Loot Price: R3,345
Discovery Miles 33 450
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Economic Performance in the Americas - The Role of the Service Sector in Brazil, Mexico and the USA (Hardcover, illustrated edition)
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Economic Performance in the Americas compares the economic
performances of Brazil, Mexico and the USA over the past half
century. As with most other high and middle-income countries their
economies are service-sector orientated and have been for several
decades. This book encompasses all sectors of the economy but
focuses primarily on services, analysing both the main trends in
the various service industries in Brazil and Mexico and the
underlying forces shaping their huge expansion. The growth of
services obscures large differences between the two Latin countries
and the USA in terms of the types of services that gained
importance and the driving growth forces. The author provides a
fascinatingly unique and comprehensive overview of the long run
development of the entire service sector in the countries
discussed. Using new methods for international comparisons of
output and productivity in services, Nanno Mulder examines the
impact of the increased service sector orientation in the overall
economy. Relative to the USA, the Brazilian and Mexican service
sectors performed better than agriculture and to a lesser extent,
industry. However, this positive contribution hides large
discrepancies, with some service industries showing important
productivity gains whereas others turned out stagnant. Scholars and
analysts of macroeconomics, industrial economics and development
economics will warmly welcome this book.
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