SERVICES EXPORTS AND STRUCTURAL TRANSFORMATION IN ASIA-PACIFIC LDCS: STUBBORN CHALLENGES, NEW OPPORTUNITIES

Neil Balchin (), Salamat Ali and Kyle de Klerk
Additional contact information
Neil Balchin: (corresponding author)Commonwealth Secretariat
Salamat Ali: Commonwealth Secretariat
Kyle de Klerk: Commonwealth Secretariat

Asia-Pacific Sustainable Development Journal, 2024, vol. 31, issue 2, 91-124

Abstract: This paper examines linkages between services exports and structural transformation in Asia-Pacific least developed countries, using data for the period 2005–2022. Through descriptive statistics and correlation analysis, the results indicate strong linkages between traditional as well as digitally deliverable services exports and manufacturing-led structural transformation globally but relatively weak connections for least developed countries. Two underlying factors — weaker uptake of digital services trade in least developed countries and delayed recovery from the COVID-19 pandemic — drive these findings. The results underscore the need to support these countries to increase services exports, particularly digitally deliverable services, to accelerate structural transformation.

Keywords: services exports; structural transformation; traditional services; digitally deliverable services; least developed countries (search for similar items in EconPapers)
JEL-codes: F10 F13 F14 L16 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://repository.unescap.org/bitstream/handle/20 ... -v31-n2.pdf#page=103 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unt:japsdj:v:31:y:2024:i:2:p:91-124

Access Statistics for this article

More articles in Asia-Pacific Sustainable Development Journal from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Contact information at EDIRC.
Bibliographic data for series maintained by Office of the Executive Secretary, ESCAP ().