SERVICES: PARASITIC OR DYNAMIC? |
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| Authors: | Dorothy I Riddle |
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| Institution: | DOKOTHY I. RIDDLE is currently Associate Professor in the Department of international Studies at the American Graduate School of International Management, Glendale, Arizona, USA. She has developed the first course on the international role of service industries and their management. Her particular area of research is the role of services in the development of the Pacific Basin. She has taught as a visiting professor at the Beijing Institute of Foreign Trade in Beijing, Peoplels Republic of China, and at the international Business Administration Institute of Tunghai University, Taichung, Taiwan. |
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| Abstract: | Traditional economic theorists have argued that services in general, and public services in particular, are unproductive and parasitic. Data is presented from seven representative countries at varying levels of economic development to show that, in fact, services are productive and play a critical role both in enabling the production of goods and In ensuring quality of life. |
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