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Regulatory cooperation, aid for trade and the general agreement on trade in services

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  • Hoekman, Bernard
  • Mattoo, Aaditya

Abstract

This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for benefiting from market opening. The authors argue that prospects for multilateral services liberalization would be enhanced by making national treatment the objective of World Trade Organization services negotiations, thereby clarifying the scope of World Trade Organization commitments for regulators. Moreover, liberalization by smaller and poorer members of the World Trade Organization would be facilitated by complementary actions to strengthen regulatory capacity. If pursued as part of the operationalization of the World Trade Organization's 2006 Aid for Trade taskforce report, the World Trade Organization could become more relevant in promoting not just services liberalization but, more importantly, domestic reforms of services policies.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4451.

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Date of creation: 01 Dec 2007
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Handle: RePEc:wbk:wbrwps:4451

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Related research

Keywords: Emerging Markets; Economic Theory&Research; Trade and Services; Free Trade; Banks&Banking Reform;

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References

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  1. Konan, Denise Eby & Maskus, Keith E., 2003. "Quantifying the impact of services liberalization in a developing country," Policy Research Working Paper Series 3193, The World Bank.
  2. Mattoo, Aaditya, 2005. "Services in a development round : three goals and three proposals," Policy Research Working Paper Series 3718, The World Bank.
  3. Harald Grethe, 2006. "Agricultural Trade Reform and the Doha Development Agenda," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 33(4), pages 591-595, December.
  4. Kym Anderson & Will Martin, 2005. "Agricultural Trade Reform and the Doha Development Agenda," The World Economy, Wiley Blackwell, vol. 28(9), pages 1301-1327, 09.
  5. Kenny, Charles & Keremane, Rym, 0. "Toward universal telephone access: Market progress and progress beyond the market," Telecommunications Policy, Elsevier, vol. 31(3-4), pages 155-163, April.
  6. repec:spo:wpecon:info:hdl:2441/8336 is not listed on IDEAS
  7. repec:spo:wpmain:info:hdl:2441/7862 is not listed on IDEAS
  8. Patrick Messerlin, 1990. "The European Community," Sciences Po publications info:hdl:2441/8336, Sciences Po.
  9. Hoekman, Bernard & Mattoo, Aaditya, 2006. "Services, Economic Development and the Doha Round: Exploiting the Comparative Advantage of the WTO," CEPR Discussion Papers 5628, C.E.P.R. Discussion Papers.
  10. repec:spo:wpecon:info:hdl:2441/7862 is not listed on IDEAS
  11. Hoekman, Bernard, 2006. "Liberalizing trade in services : a survey," Policy Research Working Paper Series 4030, The World Bank.
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