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Green Services and Emergence and Recovery from the Global Economic Slowdown in Developing Asian Economies

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  • Mark Stoughton
  • Anbumozhi Venkatachalam

Abstract

The global economic slowdown has again highlighted the vulnerability of export-led development models and economies to downturns in export markets. Economic deepening or “rebalancing†with an emphasis on service-sector development should be—and is becoming—one long-term response to the crisis by Asia’s emerging economies. In the long run, sustainable economic development will depend in part on achieving a “green†trajectory of service sector development, in which services help green the “product economy.†[ADBI Working Paper 209]

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  • Mark Stoughton & Anbumozhi Venkatachalam, 2010. "Green Services and Emergence and Recovery from the Global Economic Slowdown in Developing Asian Economies," Working Papers id:2994, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:2994
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    References listed on IDEAS

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    1. Yandle, B. & Bhattarai, M. & Vijayaraghavan, M., 2004. "Environmental Kuznets Curves: a review of findings, methods, and policy implications. PERC Research study 02-1 update," IWMI Research Reports H044740, International Water Management Institute.
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    Cited by:

    1. Venkatachalam Anbumozhi & Mari Kimura & Kumiko Isono, 2011. "Leveraging Environment and Climate Change Initiatives for Corporate Excellence," Governance Working Papers 23201, East Asian Bureau of Economic Research.

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    More about this item

    Keywords

    global; economic slowdown; vulnerability; sustainable; economic development; green; product economy;
    All these keywords.

    JEL classification:

    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • L88 - Industrial Organization - - Industry Studies: Services - - - Government Policy
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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