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Services trade policy and sustainable development

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  • Fiorini, Matteo
  • Hoekman, Bernard

Abstract

The realization of many of the sustainable development goals (SDGs) depends on bolstering the performance of services sectors and improving access to specific services in developing countries. We show that when the level of economic development or the quality of institutions is sufficiently high, openness to services trade and investment is positively related to access to financial, ICT and transport services – three activities that are inputs into several SDGs. An implication is that facilitating trade and investment in services may help realize SDGs that depend on the performance of services sectors. In the absence of comparable cross-country panel data on services trade policies, country-specific analyses are needed to better understand the specific channels through which services trade policies impact on SDGs.

Suggested Citation

  • Fiorini, Matteo & Hoekman, Bernard, 2018. "Services trade policy and sustainable development," World Development, Elsevier, vol. 112(C), pages 1-12.
  • Handle: RePEc:eee:wdevel:v:112:y:2018:i:c:p:1-12
    DOI: 10.1016/j.worlddev.2018.07.015
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    Cited by:

    1. Roy, Martin, 2019. "Elevating services: Services trade policy, WTO commitments, and their role in economic development and trade integration," WTO Staff Working Papers ERSD-2019-01, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Miller, Daniel C. & Hajjar, Reem, 2020. "Forests as pathways to prosperity: Empirical insights and conceptual advances," World Development, Elsevier, vol. 125(C).
    3. repec:cpr:ceprdp:14181 is not listed on IDEAS

    More about this item

    Keywords

    Services; Trade policy; Sustainable development goals;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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