Online Chat – Service Sector as an Engine of Asian Growth

The live online discussion is now closed. A transcript is available here.

Share your views and join the global discussion.

  • What factors are driving the rapid expansion of services in developing Asia and what constraints could impede the sector’s growth?
  • How can the international tradability of services benefit Asia?
  • What must governments and policymakers do to create a more competitive environment for high-end services?
  • Does services-led growth offer Asian countries the promise of rapid expansion without traditional, manufacturing-based growth?

Donghyun Park is Asian Development Bank (ADB) Principal Economist and author of the Asian Development Outlook 2012 Update special chapter: Services and Asia’s Future Growth. He will be online to discuss the report and the challenges for developing Asia to move into productive, high-value services as some countries in the region approach post-industrial status while others focus on promoting domestic demand.

When: 1400-1600 Manila time/0600-0800GMT on Friday, 12 October 2012

Share your views in advance, send your questions to Sean Crowley, or through Facebook or Twitter.

Donghyun Park

Donghyun PARK is Principal Economist at the Economics and Research Department at the ADB and plays a lead role in producing the annual flagship publication Asian Development Outlook. His research focuses on policy-oriented issues relevant to Asia’s long-term development including the aging population, sovereign wealth funds, and the services sector. He has a Ph.D. in economics from UCLA.