IDEAS home Printed from https://ideas.repec.org/a/oup/jieclw/v13y2010i3p837-857.html
   My bibliography  Save this article

Financial Services Trade after the Crisis: Policy and Legal Conjectures

Author

Listed:
  • Panagiotis Delimatsis
  • Pierre Sauvé

Abstract

The financial crisis of 2008--09 has cast doubt on the utility and effectiveness of the General Agreement on Trade in Services and of services trade law more broadly in providing instruments that are able to deal adequately with the trade-related regulatory fallout from the financial crisis and the potentially distortive measures taken to mitigate its effects. In many ways, the financial crisis has confirmed the impression of the minimal relevance of the current multilateral legal framework regulating trade in services for the prevention and management of financial crises. The crisis and the regulatory reforms that are enacted in its wake offer a propitious opportunity for revisiting the substance of services trade regulation. This should be done with a view to strengthening services trade law to better manage the downside risks of financial protectionism and offer a more credible platform for confronting the trade and investment disputes whose numbers this article considers likely to rise in the coming years. Oxford University Press 2010, all rights reserved, Oxford University Press.

Suggested Citation

  • Panagiotis Delimatsis & Pierre Sauvé, 2010. "Financial Services Trade after the Crisis: Policy and Legal Conjectures," Journal of International Economic Law, Oxford University Press, vol. 13(3), pages 837-857, September.
  • Handle: RePEc:oup:jieclw:v:13:y:2010:i:3:p:837-857
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/jiel/jgq040
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    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:oup:jieclw:v:13:y:2010:i:3:p:837-857. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/jiel .

    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.