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	Podcast:		Asia's Developing Future
	Episode:		The effect of services needs to be updated in economic activity data to avoid bad decisions
	Category:		Government & Organizations
	Duration:		00:06:08
	Publish Date:		2019-07-31 09:08:08
	Description:		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 transcript https://bit.ly/2KeCFYz Read the working paper https://bit.ly/2OrCE8R About the authors Valerie 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 work https://bit.ly/2YuWWhH https://bit.ly/2YufPRH
	Total Play:		0