Services, economic development and the next round of negotiations on services

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Services, economic development and the next round of negotiations on services

Author Info

Bernard Hoekman (World Bank and CEPR, Washington, DC, USA)
Aaditya Mattoo (World Bank, Washington, DC, USA)

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Abstract

World trade in services amounted to $2170 billion in 1997, of which 40 per cent was cross-border consumption. Though service trade liberalization is hard to model, sectoral and general equilibrium analyses indicate the scope for major welfare gains. Reforms in services will be driven by domestic agendas, but they can be supported and complemented by commitments to GATS disciplines. Developing country commitments in the GATS, as well as commitments in their areas of interest, are limited. Incentives are needed in the next WTO trade round to encourage commitment to a more balanced and comprehensive coverage. The trade inhibiting effect of domestic regulation requires particular attention. Copyright © 2000 John Wiley & Sons, Ltd.

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Publisher Info
Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 12 (2000)
Issue (Month): 2 ()
Pages: 283-296
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Handle: RePEc:wly:jintdv:v:12:y:2000:i:2:p:283-296

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Daniel, Timothy P & Kleit, Andrew N, 1995. "Disentangling Regulatory Policy: The Effects of State Regulations on Trucking Rates," Journal of Regulatory Economics, Springer, vol. 8(3), pages 267-84, November.
Bennathan, E. & Escobar, L. & Panagakos, G., 1989. "Deregulation Of Shipping - What Is To Be Learned From Chile," World Bank - Discussion Papers 67, World Bank.
Barros, Pedro Pita, 1995. "Conduct Effects of Gradual Entry Liberalization in Insurance," Journal of Regulatory Economics, Springer, vol. 8(1), pages 45-60, July.
Hoekman, Bernard & Primo Braga, Carlos, 1997. "Protection and Trade in Services: A Survey," CEPR Discussion Papers 1705, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Other versions:
- Hoekman, Bernard & Primo Braga, Carlos A., 1997. "Protection and trade in services : a survey," Policy Research Working Paper Series 1747, The World Bank. [Downloadable!]
- Bernard Hoekman & Carlos Braga, 1997. "Protection and Trade in Services: A Survey," Open Economies Review, Springer, vol. 8(3), pages 285-308, July. [Downloadable!] (restricted)
Markusen, James & Rutherford, Thomas F. & Tarr, David, 2000. "Foreign direct investment in services and the domestic market for expertise," Policy Research Working Paper Series 2413, The World Bank. [Downloadable!]
Other versions:
- James R. Markusen & Thomas F. Rutherford & David Tarr, 2000. "Foreign Direct Investments in Services and the Domestic Market for Expertise," NBER Working Papers 7700, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Kaminski, Bartlomiej, 2006. "Bulgaria's institutions and policies : integrating into Pan-European markets," Policy Research Working Paper Series 3864, The World Bank. [Downloadable!]

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