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Ongoing Economic Restructuring in the Wake of the Latest Economic Crisis: A Russian Perspective

Year: 2013

Type: article

Abstract: The latest economic crisis has brought into focus long-standing discussions regarding the role played by services in contemporary economies. Whether viewed as a support for the well-established manufacturing sector, or growth engine in its own right, the third economic sector has become a focus point for policy makers worldwide. The paper follows the effects of the crisis on the tertiarization process, with an emphasis on developing economies, where this phenomenon is barely coming of age. The research is centered on the IT market, as this is seen as a comprehensive measure of the maturity and sophistication of the services sector.

Source: Procedia Economics and Finance

DOI: 10.1016/s2212-5671(13)00128-7

Authors: Tania Georgia Viciu, Mihaela Toma, Diana Larisa Ţâmpu

Institution: Bucharest University of Economic Studies

Language: English

Topic: Economic and Technological Developments in Russia

Subfield: Development

Field: Social Sciences

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W2072622428

FWCI: 8.38

Cites: 23

Cited by: 5

Related to: 10