The political economy of services trade liberalization: a case for international regulatory cooperation?
Little progress has been made since the creation of the WTO on expanding and deepening the coverage of services liberalization commitments. This paper identifies and discusses five hypotheses that may explain the absence of dynamism: (i) technological changes allowing ever more services to be traded cross-border unaffected by policy; (ii) strong incentives to pursue liberalization on an autonomous basis (unilaterally); (iii) perceptions that bilateral or regional cooperation are a good substitute for the WTO; (iv) standard political-economy factors, such as adjustment costs and resistance by incumbents to erosion of rents; and (v) concerns that the WTO will affect the ability of regulators to enforce national norms. We argue that all of these explanations play a role, and that some of these factors significantly impede the scope for reciprocal exchanges of 'concessions' - the engine of WTO negotiations. Copyright © The Author 2007. Published by Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||2007|
|Date of revision:|
|Publication status:||Published in: Oxford Review of Economic Policy (2007) v.23,p.367-391|
|Contact details of provider:|| Postal: CP135, 50, avenue F.D. Roosevelt, 1050 Bruxelles|
Web page: http://difusion.ulb.ac.be
More information through EDIRC
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.:
- 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.
- Konan Denise Eby & MASKUS Keith E., .
"Quantifying the Impact of Services Liberalization in a Developing Country,"
- Konan, Denise Eby & Maskus, Keith E., 2006. "Quantifying the impact of services liberalization in a developing country," Journal of Development Economics, Elsevier, vol. 81(1), pages 142-162, October.
- 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.
- Rudolf Adhung, 2005. "Turning Hills into Mountains?Current Commitments under the GATS and Prospects for Change," Working Papers id:280, eSocialSciences.
- Hoekman, Bernard, 2006. "Liberalizing trade in services : a survey," Policy Research Working Paper Series 4030, The World Bank.
- Patrick Messerlin, 2005. "The Directive on Services: Rent Seekers Strike Back," Post-Print hal-01020771, HAL.
- Patrick Messerlin, 2005. "The Directive on Services: Rent Seekers Strike Back," Sciences Po publications info:hdl:2441/8131, Sciences Po.
- repec:spo:wpecon:info:hdl:2441/8131 is not listed on IDEAS
- Rolf J. Langhammer, 2005.
"The EU Offer of Service Trade Liberalization in the Doha Round: Evidence of a Not-Yet-Perfect Customs Union,"
Journal of Common Market Studies,
Wiley Blackwell, vol. 43(2), pages 311-325, 06.
- Langhammer, Rolf J., 2005. "The EU offer of service trade liberalization in the Doha Round : evidence of a not-yet-perfect customs union," Open Access Publications from Kiel Institute for the World Economy 3509, Kiel Institute for the World Economy (IfW).
- James Markusen & Thomas Rutherford & David Tarr, 2005. "Trade and direct investment in producer services and the domestic market for expertise," Canadian Journal of Economics, Canadian Economics Association, vol. 38(3), pages 758-777, August.
- Mattoo, Aaditya, 2005. "Services in a development round : three goals and three proposals," Policy Research Working Paper Series 3718, The World Bank.
- 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.
- 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.
- Barth, James R. & Marchetti, Juan A. & Nolle, Daniel E. & Sawangngoenyuang, Wanvimol, 2006. "Foreign banking: Do countries' WTO commitments match actual practices?," WTO Staff Working Papers ERSD-2006-11, World Trade Organization (WTO), Economic Research and Statistics Division.
When requesting a correction, please mention this item's handle: RePEc:ulb:ulbeco:2013/8098. 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: (Benoit Pauwels)
If references are entirely missing, you can add them using this form.