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Trade in services: East Asian and Latin American Experiences

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Author Info

  • Alicia García-Herrero
  • KC Fung
  • Nathalie Aminian
  • Francis Ng

Abstract

This paper investigates the trend and characteristics of trade in services in two fertile regions where different forms of trade integration have taken place: East Asia and Latin America. To that end, the World Bank data are utilized to categorize services trade in order to put on view the national and regional positions on dynamic sectors, and to compare East Asia and Latin America in terms of revealed comparative advantages, the weight of service activities in the regional economic activity, the share of services employment. The paper deals also with the issue of internationalization of services through FDI. Overall, it shows the increasing importance of East Asia as a trading region while the share of North & Latin America is low and declining over time.

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Bibliographic Info

Paper provided by BBVA Bank, Economic Research Department in its series Working Papers with number 1204.

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Length: 25 pages
Date of creation: Apr 2012
Date of revision:
Handle: RePEc:bbv:wpaper:1204

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Related research

Keywords: Latin America; foreign direct investment; East Asia; service trade;

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References

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  1. Nathalie Aminian & K. Fung & Francis Ng, 2009. "A comparative analysis of trade and economic integration in East Asia and Latin America," Economic Change and Restructuring, Springer, vol. 42(1), pages 105-137, May.
  2. K.C. Fung & Alan Siu, 2008. "Political Economy Of Service Trade Liberalization And The Doha Round," Pacific Economic Review, Wiley Blackwell, vol. 13(1), pages 124-133, 02.
  3. K. C. Fung & Hitomi Iizaka & Chelsea Lin & Francis Ng, 2004. "Multilateral Trade Negotiations in the GATT and the WTO: Lessons for Asia," Asian Economic Papers, MIT Press, vol. 3(2), pages 79-96.
  4. Damien Broussolle, 2006. "The New Approach To International Trade In Services In View Of Services Specificities: Economic And Regulation Issues," Working Papers of LaRGE Research Center 2006-05, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
  5. Banga Rashmi, 2005. "Trade in Services: A Review," Global Economy Journal, De Gruyter, vol. 5(2), pages 1-24, June.
  6. Philippa Dee & Kevin Hanslow, 2002. "Multilateral liberalisation of services trade," International Trade 0207002, EconWPA.
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Cited by:
  1. De La Fuente, Angel & Doménech, Rafael, 2013. "The financial impact of Spanish pension reform: A quick estimate," Journal of Pension Economics and Finance, Cambridge University Press, vol. 12(01), pages 111-137, January.
  2. Santiago Fernandez de Lis & Saifeddine Chaibi & Jose Felix Izquierdo & Felix Lores & Ana Rubio & Jaime Zurita, 2013. "Some international trends in the regulation of mortgage markets: Implications for Spain," Working Papers 1317, BBVA Bank, Economic Research Department.

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