IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2018-05-3.html

Negative List in Services Liberalization for ASEAN Developing Countries

Author

Listed:
  • Sigit Setiawan

    (Senior Researcher at Fiscal Policy Agency, Ministry of Finance Indonesia, Indonesia.)

Abstract

Recently, several new FTAs/RTAs involving ASEAN developing countries have emerged with different services negotiation modalities, one of them is to adopt or migrate to negative list for scheduled commitments. The change surely brings concerns among ASEAN developing countries. This study is intended to first, analyse the pros and cons for ASEAN developing countries in migrating to negative list; secondly, to analyze various potential issues that ASEAN countries may encounter in migrating to negative list and how to address such issues. To reach the objectives, descriptive analysis method is adopted, relevant literature and FTA agreements are analyzed, and two series of focus group discussions were held. Several potential issues are identified and probable solutions are provided in this study, with regard to protection for new services and new financial services, the transposition of GATS style positive list to negative list, template headnotes, consistency, safeguard, and foreign control.

Suggested Citation

  • Sigit Setiawan, 2018. "Negative List in Services Liberalization for ASEAN Developing Countries," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 8(5), pages 11-20.
    • Handle: RePEc:eco:journ1:2018-05-3
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijefi/article/download/6985/pdf
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijefi/article/view/6985/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kevin P. Gallagher & Elen Shrestha, 2011. "Investment Treaty Arbitration and Developing Countries: A Re-Appraisal," GDAE Working Papers 11-01, GDAE, Tufts University.
    2. Jane Kelsey, 2017. "The Risks for ASEAN of New Mega-Agreements that Promote the Wrong Model of e-Commerce," Working Papers DP-2017-10, Economic Research Institute for ASEAN and East Asia (ERIA).
    3. Adlung, Rudolf, 2009. "Services liberalization from a WTO/GATS perspective: In search of volunteers," WTO Staff Working Papers ERSD-2009-05, World Trade Organization (WTO), Economic Research and Statistics Division.
    4. David LEE Kuo Chuen & Ernie G.S. Teo, 2015. "Emergence of FinTech and the LASIC principles," Journal of Financial Perspectives, EY Global FS Institute, vol. 3(3), pages 24-36.
    5. Roy, Martin, 2017. "The contribution of services trade policies to connectivity in the context of aid for trade," WTO Staff Working Papers ERSD-2017-12, World Trade Organization (WTO), Economic Research and Statistics Division.
    6. Adlung, Rudolf & Mamdouh, Hamid, 2013. "How to design trade agreements in services: Top down or bottom up?," WTO Staff Working Papers ERSD-2013-08, World Trade Organization (WTO), Economic Research and Statistics Division.
    7. Gallagher, Kevin P. & Shrestha, Elen, 2011. "Investment Treaty Arbitration and Developing Countries: A Re-Appraisal," Working Papers 179093, Tufts University, Global Development and Environment Institute.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Syahrir Ika & Sigit Setiawan, 2018. "Investor-State Dispute Settlement and Indonesian Reform Policy in Mining Downstream Sector," Journal of Economics and Behavioral Studies, AMH International, vol. 10(4), pages 185-196.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Milligan, Ben & O'Keeffe, Michelle, 2019. "Global Governance of Resources and Implications for Resource Efficiency in Europe," Ecological Economics, Elsevier, vol. 155(C), pages 46-58.
    2. Syahrir Ika & Sigit Setiawan, 2018. "Investor-State Dispute Settlement and Indonesian Reform Policy in Mining Downstream Sector," Journal of Economics and Behavioral Studies, AMH International, vol. 10(4), pages 185-196.
    3. Julian Donaubauer & Eric Neumayer & Peter Nunnenkamp, 2018. "Winning or losing in investor‐to‐state dispute resolution: The role of arbitrator bias and experience," Review of International Economics, Wiley Blackwell, vol. 26(4), pages 892-916, September.
    4. Poulsen, Lauge & Bonnitcha, Jonathan & Yackee, Jason, 2015. "Transatlantic Investment Treaty Protection," CEPS Papers 10295, Centre for European Policy Studies.
    5. de Melo, Jaime & Vijil, Mariana, 2014. "Barriers to Trade in Environmental Goods and Environmental Services: How Important Are They? How Much Progress at Reducing Them?," Climate Change and Sustainable Development 172425, Fondazione Eni Enrico Mattei (FEEM).
    6. Ofonime O. Jeremiah & Essien Akpanuko, 2025. "Competitive Intensity and Performance of ICT Firms in Nigeria: The Mediating Effect of Innovation Investment," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(7), pages 664-692, July.
    7. Md. Qamruzzaman & Rajnish Kler, 2023. "Do Clean Energy and Financial Innovation Induce SME Performance? Clarifying the Nexus between Financial Innovation, Technological Innovation, Clean Energy, Environmental Degradation, and SMEs Performance in Bangladesh," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, vol. 13(3), pages 313-324, May.
    8. Henner Gimpel & Daniel Rau & Maximilian Röglinger, 2018. "Understanding FinTech start-ups – a taxonomy of consumer-oriented service offerings," Electronic Markets, Springer;IIM University of St. Gallen, vol. 28(3), pages 245-264, August.
    9. Abdirahman Abdinur Awale & Dayah Abdi Kulmie, 2024. "Assessing Fintech Awareness and Knowledge Among Students at Selected Universities in Somalia," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 14(6), pages 88-96, October.
    10. Areej Hijazin & Nemer Badwan, 2026. "The Impact of Financial Technology Development (FinTech) on the Profitability of Conventional and Islamic Banks Listed on the Palestine Stock Exchange," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 17(1), pages 138-168, February.
    11. Deli Wang & Ke Peng & Kaiye Tang & Yewei Wu, 2022. "Does Fintech Development Enhance Corporate ESG Performance? Evidence from an Emerging Market," Sustainability, MDPI, vol. 14(24), pages 1-21, December.
    12. repec:bla:jcmkts:v:48:y:2010:i::p:1329-1349 is not listed on IDEAS
    13. Pilar Madrazo-Lemarroy & Gilberto Márquez-Illescas & Claudine Moya-Ponce, 2025. "Cognitive wealth and fintech startup formation: an entrepreneurial absorptive capacity analysis in well-regulated environments," Journal of International Entrepreneurship, Springer, vol. 23(2), pages 301-344, June.
    14. H.N. Thenuwara, 2011. "Winners and Losers of Services Liberalization," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 12(2), pages 307-322, September.
    15. Nisha Mary Thomas, 2023. "Modeling key enablers influencing FinTechs offering SME credit services: A multi-stakeholder perspective," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-27, December.
    16. Ascarya & Ali Sakti, 2019. "Designing Micro-Fintech Models For Islamic Micro Financial Institution In Indonesia," Working Papers WP/09/2019, Bank Indonesia.
    17. Paulina Forsberg & Willem Hulsink, 2025. "Footloose and fancy-free in FinTech? Internationalization strategies of born regional and born global firms in the European financial service sector," Journal of International Entrepreneurship, Springer, vol. 23(1), pages 23-53, March.
    18. Khakan Najaf & Philip Sinnadurai & K. S. Devi & Mohamed M. Dhiaf, 2024. "Does electronic economics matter to financial technology firms?," Electronic Commerce Research, Springer, vol. 24(1), pages 393-426, March.
    19. Anderson, Robert D. & Locatelli, Claudia & Müller, Anna Caroline & Pelletier, Philippe, 2014. "The relationship between services trade and government procurement commitments: Insights from relevant WTO agreements and recent RTAs," WTO Staff Working Papers ERSD-2014-21, World Trade Organization (WTO), Economic Research and Statistics Division.
    20. Andrei-Dragos POPESCU, 2019. "Empowering Financial Inclusion Through Fintech," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 6(2), pages 198-215, November.
    21. Campanella, Francesco & Serino, Luana & Battisti, Enrico & Giakoumelou, Anastasia & Karasamani, Isabella, 2023. "FinTech in the financial system: Towards a capital-intensive and high competence human capital reality?," Journal of Business Research, Elsevier, vol. 155(PA).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2018-05-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Monica Sinhat (email available below). General contact details of provider: https://econjournals.com/index.php/ijefi .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.