Services and crisis: stop shooting at the ambulance!

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Faridah Djellal
Faiz Gallouj

Abstract

Paradoxically, despite the extent of their contribution to wealth and employment, services are regularly blamed (in both political discourses and certain theoretical works) to be directly or indirectly responsible for the economic crisis. This short note aims at refuting such a paradox, arguing that the service economy is an economy of knowledge, skills and innovation.

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