1 / 21

TO THE GROWTH OF SERVICES

TO THE GROWTH OF SERVICES. NATIONAL & GLOBAL STIMULI. GROUP: Nguyen Dang Hoai Anh - Ong Thi Phuong Anh Le Nguyen Hoang - Vo Thanh Huy Nguyen Ho Thanh Truc. OUTLINE. The growth of services 6 stimuli Q&A. THE GROWTH OF SERVICES. List of countries by service output in 2009.

kyne
Download Presentation

TO THE GROWTH OF SERVICES

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TO THE GROWTH OF SERVICES NATIONAL & GLOBAL STIMULI GROUP: Nguyen Dang Hoai Anh - Ong Thi Phuong Anh Le Nguyen Hoang - Vo Thanh Huy Nguyen Ho Thanh Truc

  2. OUTLINE • The growth of services • 6 stimuli • Q&A

  3. THE GROWTH OF SERVICES List of countries by service output in 2009

  4. National & Global Stimuli • Bryon, Daniels and Warf suggest 6 main forces that are driving the growth of services: • Rising per capita income • Growing demand for healthcare & education services • Increasingly complex division of labor • Growing size & role of the public sector • Increasing international trade in services • Rapid growth in outsourcing service functions

  5. 1.Rising per Capita Income • GDP (nominal) per capita from IMF (2010)

  6. Everyday tasks • Tourism (transportation, hotels & entertainment) Increase in service employment Increase in demand for services

  7. 2. Growing Demand for Healthcare & Educational Services Rising the demand for healthcare on the part of middles-aged and elderly people: observed & forecasted percentages of the elderly (65+ yrs).

  8. Greater demand for educational services resulted from the changing labor market, the need for advanced skills and so on.

  9. 3. Increasingly Complex Division of Labor • Companies depend on a variety of services, including accountancy, R&D, marketing & advertising, and public relations. • High-tech equipment requires skilled maintenance, repair and security services.

  10. 4. Growing size and role of public sector 1st reason: public sector employees is increasing though there has been a privatization from the public sector (the state or government) to the private sector (businesses that operate for a private profit) or to private non-profit organizations

  11. 2nd reason: The enactment of new laws and regulations • More and more needs for legal and experts to assist companies to negotiate in the complex legal environment.

  12. For instance: The Consumer Product Safety Improvement Actof 2008 is a United States law signed on August 14, 2008 by President George W. Bush 2. PwC’s Law Firm Services (LFS) is a practice made up of professionals dedicated to adding value in the areas of audit, tax, and advisory services to law firms and their partners throughout the world. *** More rules => the need for lawful service will enhance

  13. 5. Increasing international trade in services

  14. 6. Rapid growth in outsourcing service functions: Rapid growth in outsourcing services from core to semi – peripheral countries by both large and small companies has led to the growth in services Ex: India (a semi – peripheral country)

  15. India business process outsourcing by service lines

  16. Thank you for listening!

  17. CITATIONS • http://www.bls.gov/opub/cwc/cm20090416ar01p1.htm • http://www.census.gov/indicator/www/ustrade.html • http://www.stats.gov.cn/english/

More Related