ABSTRACT
This chapter aims to broaden the story by outlining recent trends in industry, and by describing problems and strategies in particular fields of industrial policy. It discusses the structure of the services sector, and developments in the fields of transport and tourism. The relative shares of the public and private sectors in investment, and value added in manufacturing industry. In national income statistics, as well as in most studies of economic development, the services sector of the national economy tends to be treated as a residual element, lumping together transport, trading, and all other economic activities which are not counted as a direct part of the process of production. The growth of the services sector, both absolutely and as a proportion of total national income, is a normal part of the process of development. The prices of all other goods and services produced by the state economic enterprises were henceforth to be determined by the enterprises concerned.
