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Opening markets in financial services and the role of the GATS

Author

Listed:
  • Kono, Masamichi
  • Low, Patrick
  • Luanga, Mukela
  • Mattoo, Aaditya
  • Oshikawa, Maika
  • Schuknecht, Ludger

Abstract

This publication explores some of the issues surrounding the financial services negotiations, analyzes what is at stake, and assesses what WTO members have already achieved in previous negotiations.

Suggested Citation

  • Kono, Masamichi & Low, Patrick & Luanga, Mukela & Mattoo, Aaditya & Oshikawa, Maika & Schuknecht, Ludger, 1997. "Opening markets in financial services and the role of the GATS," WTO Special Studies, World Trade Organization (WTO), Economic Research and Statistics Division, volume 1, number 1.
    • Handle: RePEc:zbw:wtosps:1
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    File URL: https://www.econstor.eu/bitstream/10419/107049/1/wto-special-study_1_e.pdf
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    References listed on IDEAS

    as
    1. Mervyn K. Lewis, 1993. "International Financial Deregulation, Trade, and Exchange Rates," Cato Journal, Cato Journal, Cato Institute, vol. 13(2), pages 243-277, Winter.
    2. Marvel, Howard P & Ray, Edward J, 1983. "The Kennedy Round: Evidence on the Regulation of International Trade in the United States," American Economic Review, American Economic Association, vol. 73(1), pages 190-197, March.
    3. Hoekman, Bernard, 1995. "Tentative First Steps: An Assessment of the Uruguay Round Agreement on Services," CEPR Discussion Papers 1150, C.E.P.R. Discussion Papers.
    4. Mattoo, Aaditya, 1997. "National treatment in the GATS: Corner-stone or Pandora's Box," WTO Staff Working Papers TISD-96-02, World Trade Organization (WTO), Economic Research and Statistics Division.
    5. Robert G. King & Ross Levine, 1993. "Finance and Growth: Schumpeter Might Be Right," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 717-737.
    6. P. Honohan, 2000. "Banking System Failures in Developing and Transition Countries: Diagnosis and Prediction," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 29(1), pages 83-109, February.
    7. Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June.
    8. William R. White, 1996. "International agreements in the area of banking and finance: accomplishments and outstanding issues," BIS Working Papers 38, Bank for International Settlements.
    9. Jith Jayaratne & Philip E. Strahan, 1996. "The Finance-Growth Nexus: Evidence from Bank Branch Deregulation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(3), pages 639-670.
    10. Claude Barfield, 1996. "International Financial Markets: Harmonization Versus Competition," Books, American Enterprise Institute, number 52695, September.
    11. R Brian Woodrow, 1995. "Insurance Services in the Uruguay Round Services Negotiations: An Overview and Assessment of the Final Agreement," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 20(1), pages 57-73, January.
    12. Robert Holzmann, 1997. "Pension Reform, Financial Market Development, and Economic Growth: Preliminary Evidence from Chile," IMF Staff Papers, Palgrave Macmillan, vol. 44(2), pages 149-178, June.
    13. Morris Goldstein, 1997. "Case for an International Banking Standard, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number pa47, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Greg McGuire, 2003. "Trade In Services – Market Access Opportunities And The Benefits Of Liberalization For Developing Economies," UNCTAD Blue Series Papers 19, United Nations Conference on Trade and Development.
    2. Schuknecht, Ludger, 1998. "A simple trade policy perspective on capital controls," WTO Staff Working Papers ERAD-98-11, World Trade Organization (WTO), Economic Research and Statistics Division.
    3. Schuknecht, Ludger & Pérez-Esteve, Rosa, 1999. "A quantitative assessment of electronic commerce," WTO Staff Working Papers ERAD-99-01, World Trade Organization (WTO), Economic Research and Statistics Division.
    4. Kono, Masamichi & Schuknecht, Ludger, 1999. "Financial services trade, capital flows, and financial stability," WTO Staff Working Papers ERAD-98-12, World Trade Organization (WTO), Economic Research and Statistics Division.
    5. Joseph F. Francois & Lutger Schuknecht, 1999. "Trade in Financial Services: Procompetitive Effects and Growth Performance," Tinbergen Institute Discussion Papers 99-028/2, Tinbergen Institute.
    6. Mattoo, Aaditya, 1999. "Financial services and the World Trade Organization - liberalization commitments of the developing and transition economies," Policy Research Working Paper Series 2184, The World Bank.
    7. Mattoo, Aaditya, 1998. "Financial services and the WTO: Liberalization in the developing and transition economies," WTO Staff Working Papers TISD-98-03, World Trade Organization (WTO), Economic Research and Statistics Division.
    8. José Manuel Álvarez Zárate (Editor), 2016. "¿Hacia dónde va América Latina respecto al derecho económico internacional?," Books, Universidad Externado de Colombia, Facultad de Derecho, number 860, March.
    9. Fingerand, K. Michael & Schuknecht, Ludger, 1999. "Trade, finance and financial crises," WTO Special Studies, World Trade Organization (WTO), Economic Research and Statistics Division, volume 3, number 3.
    10. Rabia Khatun, 2016. "Relation between Trade in Financial Services and Economic Growth in BRICS Economies: Cointegration and Causality Approach," Global Business Review, International Management Institute, vol. 17(1), pages 214-225, February.
    11. Li-Gang Liu, 2005. "The Impact of Financial Services Trade Liberalization on China," Discussion papers 05024, Research Institute of Economy, Trade and Industry (RIETI).
    12. Graham Bird & Ramkishen S. Rajan, 2001. "Banks, Financial Liberalisation and Financial Crises in Emerging Markets," The World Economy, Wiley Blackwell, vol. 24(7), pages 889-910, July.
    13. repec:zbw:wtowps:99-01 is not listed on IDEAS
    14. Marc Bacchetta., 2007. "Market Access: Unfinished Business: Post-Uruguay Round Inventory and Issues," Working Papers id:1166, eSocialSciences.

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