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The Services Industry and its Potential for Youth and Women Employment in an African Context: A review of the literature

Author

Listed:
  • Franque Grimard

    (McGill University
    Professor)

Abstract

Manufacturing today has become much more capital- and skill-intensive, with greatly diminished potential to absorb large amounts of labor from the countryside. Can service industries 1 play the role that manufacturing did in the past, leading to economic growth and absorbing vast amounts of labor? Already, services contribute the bulk of GDP in developing countries, even in low-income countries where agriculture has traditionally played a big part. Young workers who leave the farm for the cities are increasingly absorbed into urban services jobs instead of manufacturing. In addition, international trade in services has tended to expand more rapidly than trade in goods.

Suggested Citation

  • Franque Grimard, 2019. "The Services Industry and its Potential for Youth and Women Employment in an African Context: A review of the literature," Working Papers idrcdpruservices, University of Cape Town, Development Policy Research Unit.
    • Handle: RePEc:ctw:wpaper:idrcdpruservices
    as

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    References listed on IDEAS

    as
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    8. Barry Eichengreen & Poonam Gupta, 2011. "The Service Sector as India’s Road to Economic Growth?," India Policy Forum, National Council of Applied Economic Research, vol. 7(1), pages 1-42.
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