World BankWorld Trade Organization (WTO)2023-10-232023-10-232023-10-23978-92-870-7541-3 (print)978-92-870-7540-6 (online)https://openknowledge.worldbank.org/handle/10986/40521The services sector has been the main source of economic growth in recent decades, with logistics, finance and information technologies playing an essential role in the functioning of modern economies while business services, healthcare and entertainment feature among the world’s fastest growing sectors. This publication — co-published by the WTO and the World Bank — underlines the contribution that trade and investment in services can make to economic growth and development and highlights, in particular, the importance of re-energizing international cooperation on services trade.en-USCC BY-NC 3.0 IGOSUSTAINABLE GROWTHECONOMIC DIVERSIFICATIONTRADESUPPLY OF SERVICESGLOBAL VALUE CHAINSMSMEsTrade in Services for DevelopmentReportWorld Bank, World Trade OrganizationFostering Sustainable Growth and Economic Diversification10.1596/40521