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WORLD ECONOMY

The emergence of service conglomerates

Pages 6-19 | Published online: 02 Apr 2009
 

Abstract

The world economy is presently undergoing profound structural changes, with the service industries moving to the centre of the stage. In their second article on the service industries Frederick F Clairmonte and John Cavanagh look at the implications of the internationalization and transnationalization of services, with special reference to the financial sector.

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