Liberalizing Trade in Services: Lessons from Regional and WTO Negotiations

in International Negotiation
Restricted Access
Get Access to Full Text
Rent on DeepDyve

Have an Access Token?



Enter your access token to activate and access content online.

Please login and go to your personal user account to enter your access token.



Help

Have Institutional Access?



Access content through your institution. Any other coaching guidance?



Connect

Abstract

Liberalization of trade and investment in services through trade agreements has progressed less than trade in goods. We review the limited progress achieved to date in the WTO and major regional agreements on services and possible explanations why trade agreements have not been more effective at integrating the services markets of participating countries. We argue that the prospects for both services liberalization and welfare-enhancing regulatory reform in the context of trade agreements can be enhanced through mechanisms that enhance transparency, dialogue and cooperation between regulators, trade officials and stakeholders.

Liberalizing Trade in Services: Lessons from Regional and WTO Negotiations

in International Negotiation

Sections

References

AdlungR.MorrisonP. “Less than the GATS: ‘Negative Preferences’ in Regional Services Agreements.” Journal of International Economic Law 2010 13 4 1103 1143

AdlungR.RoyM. “Turning Hills into Mountains? Current Commitments under the General Agreement on Trade in Services and Prospects for Change.” Journal of World Trade 2005 39 1161 1194

BorchertI.B. GootiizMattooA. “Policy Barriers to International Trade in Services: Evidence from a New Database.” World Bank Policy Research Paper 6109 2012

DeePhilippaFindlayChristopher “Services: A ‘Deal-Maker’ in the Doha Round?” Monitoring Trade Policy: A New Agenda for Reviving the Doha Round 2007 Trade Policy Monitoring Centre Kiel Institute and Centre for Policy Research

ElekAndrew “Open Regionalism Going Global: APEC and the New Transatlantic Economic Partnership.” Pacific Economic Paper No. 286 2007 Australia-Japan Research Centre Australian National University Canberra

EvenettS.HoekmanB. “International Disciplines on Government Procurement.” World Bank 2012 mimeo

FeketekutyG. “Needed: A New Approach to Reduce Regulatory Barriers to Trade.” 2010 Available at: http://www.voxeu.org/index.php?q=node/5208

FinkC.JansenM. BaldwinR.LowP. “Services Provisions in Regional Trade Agreements: Stumbling or Building Blocks for Multilateral Liberalization?” Multilateralizing Regionalism. 2009 Cambridge Cambridge University Press

FrancoisJosephHoekmanBernard “Services Trade and Policy.” Journal of Economic Literature 2010 48 3 642 692

GootiizS.MattooA. “Services in Doha: What’s on the Table?” Journal of World Trade 2009 43 5 1013 1030

HoekmanB. “The General Agreement on Trade in Services: Doomed to Fail? Does it Matter?” Journal of Industry Competition and Trade 2008 8 295 318

HoekmanB. ChauffourJ.P.MaurJ.C. “Designing North South Trade Agreements to Promote Economic Development,” Preferential Trade Agreements and Development: A Handbook. 2011a Washington, DC World Bank

HoekmanB. MartinW.MattooA. “Aid for Trade: Why, What and Where Are We?” Unfinished Business? The WTO’s Doha Agenda. 2011b Washington, DC CEPR and World Bank

HoekmanB.MattooA.SapirA. “The Political Economy of Services Trade Liberalization: A Case for International Regulatory Cooperation?” Oxford Review of Economic Policy 2007 23 3 367 391

HornH.MavroidisP.SapirA. “Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements.” World Economy 2010 33 11 1565 1588

HufbauerGary ClydeJensenJ. BradfordStephensonSherry “Framework for the International, Services Agreement.” Peterson Institute for International Economics Policy Brief No. 12–10 2012 Washington DC

MarchettiJ.RoyM. MarchettiJ.RoyM. “Services Liberalization in the WTO and in PTAs,” Opening Markets for Trade in Services: Countries and Sectors in Bilateral and WTO Negotiations 2008 Cambridge Cambridge University Press

MattooA.PaytonL. Services Trade and Development: The Experience of Zambia 2007 Washington, DC Palgrave and World Bank

MattooA.SauvéP. ChauffourJ.-P.MaurJ.-C. “Services,” Preferential Trade Agreement Policies for Development 2011 Washington, DC World Bank

MiroudotS.SauvageJ.SudreauM. “Multilateralising Regionalism: How Preferential Are Services Commitments in Regional Trade Agreements?” OECD Trade Policy Working Paper 106 2010

RoyM.MarchettiJ.LimH. “Services Liberalization in the New Generation of Preferential Trade Agreements: How Much Further than the GATS?” World Trade Review 2007 6 2 1455 1493

SchottJeffrey J.LeeMinsooMuirJulia “Prospects for Services Trade Negotiations.” Peterson Institute for International Economics Working Paper No. 12–17 2012

Van der MarelE.MiroudotS. “The Economics and Political Economy of Going beyond the GATS.” London School of Economics 2012 mimeo

2)

Francois and Hoekman (2010) survey the recent empirical literature assessing the effects of greater trade and competition on productivity of firms that use services as inputs.

6)

But as noted by Dee and Findlay (2007) “Given the relatively high resource cost of making and implementing good policy it is unlikely that all countries can or should move immediately to ‘world’s best practice’ in all regulatory areas.”

Figures

  • View in gallery
    Restrictiveness of services trade policies by GDP per capita, 2007 (102 countries).
  • View in gallery
    Restrictiveness of services trade policies by sector (102 countries).
  • View in gallery
    Sectoral coverage: GATS vs. PTA averages.

Information

Content Metrics

Content Metrics

All Time Past Year Past 30 Days
Abstract Views 18 18 8
Full Text Views 83 83 66
PDF Downloads 3 3 1
EPUB Downloads 0 0 0