DIFFERENCES BETWEEN SERVICES AND GOODS
THE ROLE OF SERVICES IN THE U.S. ECONOMY
THE ROLE OF GLOBAL SERVICES IN THE WORLD ECONOMY
GLOBAL TRANSFORMATIONS IN THE SERVICES SECTOR
PROBLEMS IN SERVICE TRADE
CORPORATIONS AND SERVICES TRADE
Globalization has had major implications for international business—from the worldwide spread of information technology and resulting productivity gains to the increased pace of internationalization and the appearance of “born global” firms. Analysts point to labor mobility as the last remaining bastion of preglobalization economics. Workers have tended to move around at a far slower pace than all the other factors of production. There are two reasons that are cited most often: (1) people are culturally embedded, that is, they have connections to their communities and familial networks, which trump the pursuit of better-paying jobs overseas, and (2) would-be migrants ...