TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGES
Considering the recent trends in international business, influenced by the new opportunities offered by increasing digitalization, as well as challenges generated by the post-pandemic economic and geopolitical pressures, this paper investigates the impact of recent developments in services and tra...
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| Language: | English |
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Nicolae Titulescu University
2025-06-01
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| Series: | Global Economic Observer |
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| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_13_no_1/geo_2025_vol13_no1_art_007.pdf |
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| author | GEORGETA ILIE |
| author_facet | GEORGETA ILIE |
| author_sort | GEORGETA ILIE |
| collection | DOAJ |
| description | Considering the recent trends in international business, influenced by the new opportunities offered by increasing digitalization, as well as challenges generated by the post-pandemic economic and geopolitical pressures, this paper investigates the impact of recent developments in services and trade in services on employment. The starting point of this research is the statistical evidence highlighting the contribution of service activities to economic development and, implicitly, employment, as revealed by their high share in GDP and the labour market, globally. The paper is focused on the analysis of trade in services, with its particularities in terms of modes of supply and increased ability to use digital technologies, from the perspective of its capacity to create opportunities and also challenges on employment, depending on service industries as well as the level of development and market openness of countries. The research methodology combines a qualitative analysis of studies and empirical evidence in the field of services, trade in services and employment, accompanied by statistical data, covering the last three decades, available in the databases of international organizations. The main conclusion is that, despite the economic, geopolitical, technological or regulatory challenges, the strength of the services sector, due to the diversity of services, the dependence on services of all economic activities, the favourable service regulations, as well as the resilience of service industries in recent years, will continue to sustain the growth of trade in services and, implicitly, employment, thereby ensuring improvements in quality of life and economic development in all countries. |
| format | Article |
| id | doaj-art-84efa0d29adb42fdbf4f9acadce9449c |
| institution | Matheson Library |
| issn | 2343-9742 2343-9750 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Nicolae Titulescu University |
| record_format | Article |
| series | Global Economic Observer |
| spelling | doaj-art-84efa0d29adb42fdbf4f9acadce9449c2025-08-04T09:33:22ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502025-06-011316377TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGESGEORGETA ILIE0Institute for World Economy, Romanian Academy 13, Calea 13 Septembrie, 6th district, Bucharest, ROMANIA, georgeta.ilie@iem.roConsidering the recent trends in international business, influenced by the new opportunities offered by increasing digitalization, as well as challenges generated by the post-pandemic economic and geopolitical pressures, this paper investigates the impact of recent developments in services and trade in services on employment. The starting point of this research is the statistical evidence highlighting the contribution of service activities to economic development and, implicitly, employment, as revealed by their high share in GDP and the labour market, globally. The paper is focused on the analysis of trade in services, with its particularities in terms of modes of supply and increased ability to use digital technologies, from the perspective of its capacity to create opportunities and also challenges on employment, depending on service industries as well as the level of development and market openness of countries. The research methodology combines a qualitative analysis of studies and empirical evidence in the field of services, trade in services and employment, accompanied by statistical data, covering the last three decades, available in the databases of international organizations. The main conclusion is that, despite the economic, geopolitical, technological or regulatory challenges, the strength of the services sector, due to the diversity of services, the dependence on services of all economic activities, the favourable service regulations, as well as the resilience of service industries in recent years, will continue to sustain the growth of trade in services and, implicitly, employment, thereby ensuring improvements in quality of life and economic development in all countries.http://www.globeco.ro/wp-content/uploads/vol/split/vol_13_no_1/geo_2025_vol13_no1_art_007.pdftrade in servicesemploymentmodes of supplydigital servicesartificial intelligence |
| spellingShingle | GEORGETA ILIE TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGES Global Economic Observer trade in services employment modes of supply digital services artificial intelligence |
| title | TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGES |
| title_full | TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGES |
| title_fullStr | TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGES |
| title_full_unstemmed | TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGES |
| title_short | TRADE IN SERVICES AND EMPLOYMENT: HARNESSING OPPORTUNITIES AND ADDRESSING CHALLENGES |
| title_sort | trade in services and employment harnessing opportunities and addressing challenges |
| topic | trade in services employment modes of supply digital services artificial intelligence |
| url | http://www.globeco.ro/wp-content/uploads/vol/split/vol_13_no_1/geo_2025_vol13_no1_art_007.pdf |
| work_keys_str_mv | AT georgetailie tradeinservicesandemploymentharnessingopportunitiesandaddressingchallenges |