Significance increase of services in world's economy

Abstract

The aim of this research is to present the changes which are happening in the second half of the 20th Century, in the matter of significance of service companies in developed economies. This paper starts with the classification of services accompanied by the statistics of OECD, which are: I- trade, hospitality industry and hotel industry, II- transport, storage and communication, III- finances, insurance, immovables and business services, IV- communal, social and personal services and V- administration services. The research results are presented through quantitative analysis, and they are pointing out the amount of potentials of services which Croatia has to applicate according to the intention to develop towards the West. The results of this countries, have to become the guiding light which will enable the Croatian economy to rise towards prosperity by putting into function its comparative advantages in functions of profit.