Repensar la Política Industrial para la Economía de Servicios

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The paper contends that traditional industrial policy is outdated because it focuses almost exclusively on manufacturing, despite services accounting for approximately two-thirds of global GDP. It proposes a 'service-led' industrial policy based on five pillars: infrastructure, investment/FDI, human capital, regulatory quality, and connectivity. The author highlights that services offer developing economies a more inclusive and sustainable path to growth due to lower capital intensity and smaller minimum scales for global competitiveness. Furthermore, the document notes that the General Agreement on Trade in Services (GATS) provides governments with more policy space for experimentation compared to the stricter rules governing goods.

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  • Services are no longer merely final consumption products but are essential inputs that drive productivity across all economic sectors, including agriculture and manufacturing.
  • Current industrial policy frameworks are inadequate because they rely on 20th-century manufacturing paradigms and tools—such as tariffs and local content requirements—which do not fit the intangible nature of services.
  • A modern industrial policy for services should be built upon five strategic pillars: reliable infrastructure (energy, broadband, transport, payments), attracting Foreign Direct Investment (FDI), developing human capital and capabilities, ensuring high regulatory quality, and enhancing physical and digital connectivity.
  • For developing economies, a service-centric industrial strategy is often more viable than manufacturing-based models because it typically requires less initial capital, allows for niche market specialization, creates more inclusive employment, and has a lower carbon footprint.
  • Governments have significantly more policy flexibility to experiment with services than with manufacturing because the General Agreement on Trade in Services (GATS) is more flexible and less restrictive than the General Agreement on Tariffs and Trade (GATT).
  • Digital industrialization, exemplified by India's investments in digital identity and payment systems, is creating new opportunities for productivity and export expansion, though it creates tension between national policy space and international e-commerce norms.

Cite the original document

APA
Sauvé, P. (n.d.). Repensar la Política Industrial para la Economía de Servicios. International Institute for Sustainable Development. https://www.iisd.org/es/articles/policy-analysis/rethinking-industrial-policy-services-economy
Chicago
Sauvé, Pierre. Repensar la Política Industrial para la Economía de Servicios. International Institute for Sustainable Development, n.d. https://www.iisd.org/es/articles/policy-analysis/rethinking-industrial-policy-services-economy.
Wikipedia
{{cite report |last1=Sauvé |first1=Pierre |title=Repensar la Política Industrial para la Economía de Servicios |publisher=International Institute for Sustainable Development |url=https://www.iisd.org/es/articles/policy-analysis/rethinking-industrial-policy-services-economy |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{sauvndrepensar, author = {Sauvé, Pierre}, title = {{Repensar la Política Industrial para la Economía de Servicios}}, institution = {International Institute for Sustainable Development}, url = {https://www.iisd.org/es/articles/policy-analysis/rethinking-industrial-policy-services-economy}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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