Includes bibliographical references.

PART I SERVICES AS AN ENGINE OF GROWTH -- 1 Developing the Service Sector as an Engine of Growth for Asia: Overview / Marcus Noland, Donghyun Park, and Gemma B. Estrada -- 2 Is the Service Sector in Asia an Engine of Growth? / Donghyun Park and Kwanho Shin -- PART II REGIONAL STUDIES -- 3 The Information Technology and Business Process Outsourcing Industry: Diversity and Challenges in Asia / Raja Mikael Mitra -- 4 A New Look at Foreign Direct Investment in the Service Sectors in Asia / Jacob Funk Kirkegaard -- 5 Tradable Business Services, Developing Asia, and Economic Growth / J. Bradford Jensen -- 6 Prospects for Negotiations on Trade in Services / Jeffrey J. Schott, Minsoo Lee, and Julia Muir -- 7 The Service Sector in Lower-Income Asian Economies / Gemma Estrada ... [et al.] -- PART III COUNTRY STUDIES -- 8 Features, Restrictions, and Policy Recommendations in the Service Sector of the People's Republic of China / Wang Wei -- 9 The Service Sector in India / Arpita Mukherjee -- 10 The Service Sector in the Republic of Korea / Donghyun Park and Kwanho Shin -- 11 Leveraging Service Sector Growth in the Philippines / Raja Mikael Mitra -- 12 A Turning Point for the Service Sector in Thailand / Pracha Koonnathamdee -- PART IV KEY FINDINGS AND RECOMMENDATION -- 13 Summary of Key Findings and Main Policy Recommendations / Donghyun Park.