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The services industries—which include jobs ranging from flipping hamburgers to providing investment advice—can no longer be characterized, as they have in t

Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of str

In their new book, Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector

This study compares the economic performances of Brazil, Mexico and the US since 1950. As with most other high and middle-income countries, their economies are