Services Trade Liberalization and Regulatory Reform: Re-invigorating International Cooperation
Trade and investment in services is inhibited by a range of policy restrictions, but the best offers so far in the Doha negotiations are on average twice as restrictive as actual policy. They will generate no additional market opening. Regulatory concerns help explain the limited progress. We develop two proposals to enhance the prospects for both liberalization of services trade and regulatory reform. The first is for governments to create mechanisms ('services knowledge platforms') to bring together regulators, trade officials and stakeholders to discuss services regulatory reform. Such mechanisms could identify reform priorities and opportunities for utilization of 'aid for trade' resources, thereby putting in place the preconditions for future market opening. The second proposal is for a new approach to negotiations in the WTO, with a critical mass of countries that account for the bulk of services production agreeing to lock-in applied levels of protection and pre-committing to reform of policies affecting FDI and international movement for individual service providers--two areas where current policy is most restrictive and potential benefits from liberalization are greatest. If these proposals cannot be fully implemented in the Doha time frame, then any Doha agreement could at least lay the basis for a forward-looking program of international cooperation along the proposed lines.
|Date of creation:||Jan 2011|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mattoo, Aaditya & Wunsch, Sacha, 2004. "Pre-empting protectionism in services - the WTO and outsourcing," Policy Research Working Paper Series 3237, The World Bank.
- Will Martin & Patrick Messerlin, 2007. "Why is it so difficult? Trade liberalization under the Doha Agenda," Oxford Review of Economic Policy, Oxford University Press, vol. 23(3), pages 347-366, Autumn.
- Jens Matthias Arnold & Aaditya Mattoo & Gaia Narciso, 2008.
"Services Inputs and Firm Productivity in Sub-Saharan Africa: Evidence from Firm-Level Data,"
Journal of African Economies,
Centre for the Study of African Economies (CSAE), vol. 17(4), pages 578-599, August.
- Arnold, Jens Matthias & Mattoo, Aaditya & Narciso, Gaia, 2006. "Services inputs and firm productivity in Sub-Saharan Africa : evidence from firm-level data," Policy Research Working Paper Series 4048, The World Bank.
- Charles Sabel & Sanjay Reddy, 2007. "Learning to Learn: Undoing the Gordian Knot of Development Today," Challenge, M.E. Sharpe, Inc., vol. 50(5), pages 73-92, October.
- Arnold, Jens & Javorcik, Beata & Lipscomb, Molly & Mattoo, Aaditya, 2010.
"Services Reform and Manufacturing Performance: Evidence from India,"
CEPR Discussion Papers
8011, C.E.P.R. Discussion Papers.
- Arnold, Jens Matthias & Javorcik, Beata & Lipscomb, Molly & Mattoo, Aaditya, 2012. "Services reform and manufacturing performance : evidence from India," Policy Research Working Paper Series 5948, The World Bank.
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:8181. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()The email address of this maintainer does not seem to be valid anymore. Please ask to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.