What are the four indicators of international trade in services?

What are the four indicators of international trade in services

1. The rapid development of international trade in services

The drive of the world industrial structure upgrade. According to the economic growth stage of development economics, with the growth of national economic capacity, the country’s industrial structure will be improved in turn, gradually from the agricultural economy to the industrial economy, and then from the industrial economy to the service economy. The early 60s of this century, the major Western countries have completed their own industrialization process, began to enter the stage of industrialization after the industrialization of the domestic economy to the service industry shift. The industrial upgrading driven by the growth of national economic capacity has led to a large-scale adjustment of the world industrial structure. The imbalance in the new world economic structure that has taken place in this process has led to a greater demand for international services, giving the global trade in services a high growth potential.

2,The proportion of international trade in services in total trade is increasing, but the proportion of developed countries is higher than the world level

International trade in goods and international investment growth. More than half a century since the war, the international trade in goods has been expanding, taking the world’s total export value of goods as an example, in 1950 totaled 61.1 billion US dollars, in 1990 amounted to 3394.9 billion US dollars, 40 years increased by nearly 56 times Far more than the same period the world’s industrial production and the growth rate of gross national product. In the rapid growth of goods trade, driven by the import and export of goods directly related to the traditional trade in services, such as international transport services, international cargo insurance, international settlement services, are correspondingly in size, the number doubled. The rapid expansion of international investment and tilt to the service industry, not only led to the growth of international trade in goods, but also led to the rapid growth of international trade in services. Especially the international investment income as an element service project, its rapid expansion itself constitutes the expansion of overseas service trade flows.

3,Developed countries are the mainstay of international trade in services, but Asia is the fastest growing

New technology revolution to promote. The new technological revolution, especially the rise of the information technology revolution in the 1960s, has effectively promoted the rapid development of international trade in services. First, the development of high-tech has been widely applied to the service industry, so that many of the original “non-tradeable” services into “tradeable” services, so that the types of international trade in services increased, the scope of expansion, such as some traditional education services, health The service has always been considered to be “non-tradeable” services that can now be stored on disk or software for sale. The development of information technology and communication technology has also enabled banks, insurance, commodity retailing to carry out business on a global scale, providing opportunities for cross-border services. Second, the scientific and technological revolution has accelerated the international movement of labor force and scientific and technological personnel, especially the promotion of professional scientific and technical personnel and senior management personnel to flow to other countries to promote the expansion of international trade in services. Finally, with the advancement of science and technology, the industrial structure of developed countries gradually shifted to technology-intensive and capital-intensive high-tech industries, shifting labor-intensive industries to newly industrialized countries and some developing countries so that these countries and regions can use this Regions rich in cheap labor resources, earn foreign exchange service income, the formation of large-scale domestic service output.

4, Other commercial projects become the largest international trade in services

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