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Evaluating the Contributions of Regional Trade Agreements to Governance of Services Trade

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  • Stephenson, Sherry

    (Asian Development Bank Institute)

  • Roberts, Maryse

    (Asian Development Bank Institute)

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    Abstract

    Since the early 1990s, regional trade agreements (RTAs) covering trade in services have proliferated, with 95 RTAs on services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS), as of June 2011. This paper discusses how RTAs support or debilitate the GATS in its governance function as the keeper of rules and liberalization commitments on services trade for WTO members. It addresses this question and its implications for governance by focusing on four different issues: architecture; compliance; ability to promote reforms; and actual impact of RTAs in fostering services trade.

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    File URL: http://www.adbi.org/files/2011.08.30.wp307.evaluating.contributions.regional.trade.agreements.pdf
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    Bibliographic Info

    Paper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 307.

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    Length: 31 pages
    Date of creation: 30 Aug 2011
    Date of revision:
    Handle: RePEc:ris:adbiwp:0307

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    Keywords: regional trade agreements; gats; political economy; trade in services; wto; multilateralizing regionalism;

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    1. Kawai, Masahiro & Wignaraja, Ganeshan, 2011. "Asian FTAs: Trends, prospects and challenges," Journal of Asian Economics, Elsevier, vol. 22(1), pages 1-22, February.
    2. Henrik Horn & Petros C. Mavroidis & André Sapir, 2010. "Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements," The World Economy, Wiley Blackwell, vol. 33(11), pages 1565-1588, November.
    3. Cadot, Olivier & Estevadeordal, Antoni & Suwa-Eisenmann, Akiko & Verdier, Thierry (ed.), 2006. "The Origin of Goods: Rules of Origin in Regional Trade Agreements," OUP Catalogue, Oxford University Press, number 9780199290482, October.
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