Turning Hills into Mountains?Current Commitments under the GATS and Prospects for Change
AbstractIt has become increasingly clear that the services negotiations under the Doha Development Agenda will not produce significant improvements on current commitments unless major new impetus is provided. In an introductory section, this paper discusses various impediments, from the perspective of participating governments, that may explain the lack of negotiating momentum to date. It then provides an overview of existing commitments under the GATS (by sector, mode of supply, and level of development) and of the initial offers that had been tabled by early 2005. Despite the substantial benefits that may be associated with the liberalization of services trade, the GATS has obviously not yet lived up to ambitious expectations. While the ongoing services negotiations provide an opportunity to complement the rule-making efforts of the Uruguay Round with genuine market opening, many governments apparently have found it difficult, despite generally more restrictive access regimes and, thus, potentially higher gains from liberalization than in merchandise trade, to undertake or envisage economically significant bindings across a broad range of services.
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Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:280.
Date of creation: Dec 2005
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GATS; WTO; services trade; merchandise trade; Doha Development Agenda;
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- Rajesh Chadha & Geethanjali Nataraj, 2008. "Trade in Services and Investment Flows in South Asia," EABER Working Papers, East Asian Bureau of Economic Research 21796, East Asian Bureau of Economic Research.
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