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Financial services and trade agreements in Latin America and the Caribbean : an overview

Author

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  • Goncalves, Marilyne Pereira
  • Stephanou, Constantinos

Abstract

The authors review the international framework governing trade in financial services, describe the treatment of financial services in recent trade agreements involving Latin America and Caribbean countries, and analyze the liberalization commitments made in three selected country case studies-Chile, Colombia, and Costa Rica. They give emphasis to free trade agreements because of the generally deeper level of liberalization and rule-making achieved to-date. The authors discuss some of the causes and potential implications of their findings.

Suggested Citation

  • Goncalves, Marilyne Pereira & Stephanou, Constantinos, 2007. "Financial services and trade agreements in Latin America and the Caribbean : an overview," Policy Research Working Paper Series 4181, The World Bank.
  • Handle: RePEc:wbk:wbrwps:4181
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    Citations

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    Cited by:

    1. Mulder, Nanno & Sáez, Sebastián & De Camino, Claudia & Finot, Alfonso, 2007. "Trade in services in Latin America and the Caribbean: an analysis of recent trends," Comercio Internacional 4429, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Constantinos Stephanou, 2008. "Liberalization of Trade in Financial Services : Lessons from Latin America and the Caribbean," World Bank Publications - Reports 6280, The World Bank Group.
    3. Nianli Zhou & John Whalley, 2014. "How Do the "GATS-Plus" and "GATS-Minus" Characteristics of Regional Service Agreements Affect Trade in Services?," NBER Working Papers 20551, National Bureau of Economic Research, Inc.
    4. World Bank, 2007. "East Asian FTAs in Services," World Bank Publications - Reports 19240, The World Bank Group.
    5. Guillermo Perry, 2013. "Regional Public Goods in Finance, Trade and Infrastructure," Documentos CEDE 11888, Universidad de los Andes, Facultad de Economía, CEDE.
    6. World Bank, 2008. "Liberalization of Trade in Financial Services : Lessons from Latin America and the Caribbean," World Bank Publications - Reports 8032, The World Bank Group.

    More about this item

    Keywords

    Trade Law; Trade and Services; Trade and Regional Integration; Free Trade; World Trade Organization;
    All these keywords.

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