RUDN Journal of Economics (Sep 2009)

Significance of Service Sector in the Modern Economy

  • N A Diesperova,
  • L A Zhdanova

Journal volume & issue
Vol. 0, no. 3
pp. 19 – 26

Abstract

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The article deals with great significance of non-manufacturing business in the modern world. The examination of shares of non-manufacturing business in the structure of Gross domestic product of western developed countries and Russia makes clear the considerable difference: in the western developed countries the innovative (science intensive) - business and quality of human capital forming fields predominate, whereas in Russia - trade and transport service. The article displays the negative tendency of development of business service and state service. The absolute necessity of preferred development of science-intensive service for successful functioning of Russian products in the World Market is proved.

Keywords