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Trade in Services, Trade Agreements and Economic Development: A Survey of the Literature

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Author Info
Hoekman, Bernard

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Abstract

Since the mid 1980s a substantial amount of research has been undertaken on trade in services. Much of this is inspired by the WTO or regional trade agreements, especially the EU, but an increasing number of papers focus on the impacts of services sector liberalization. This paper surveys the literature, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade (and liberalization) and efforts to cooperate to achieve such liberalization through trade agreements. There is increasing evidence that services liberalization is an important source of potential welfare gains, but relatively little research has been done that can inform the design of international cooperation - both trade agreements and development assistance - so as to more effectively promote development objectives.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 5760.

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Date of creation: Jul 2006
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Handle: RePEc:cpr:ceprdp:5760

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Related research
Keywords: economic development; GATS; trade agreements; trade in services; WTO;

Find related papers by JEL classification:
F1 - International Economics - - Trade
F2 - International Economics - - International Factor Movements and International Business
F5 - International Economics - - International Relations and International Political Economy
L80 - Industrial Organization - - Industry Studies: Services - - - General

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This page was last updated on 2009-10-29.


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