Download or read book Opening Markets for Trade in Services written by Juan A. Marchetti and published by Cambridge University Press. This book was released on 2008 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume of essays explores the state of services liberalization and the regulation of international trade in services.
Download or read book Trade in Services written by Jonathan David Aronson and published by A E I Press. This book was released on 1984 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the service sector has been largely ignored in the world trade system, trade in services has in the past two decades become an important source of jobs and economic growth. In 1980 global service exports totaled about $370 billion, about 20 percent of world trade. Yet no coherent system of rules and procedures governs trade in services. Multilateral trade negotiations did not even consider services until Tokyo Round negotiations of the mid-1970s, and then only at US insistence. Since then US persistence has begun to reap results. Trade in services was one of the three most debated issues at the November 1982 General Agreement on Tariffs and Trade (GATT) ministerial meeting, and the May 1983 Williamsburg Summit's closing statement included a commitment to work toward free trade in services. Do services merit a prominent place in the trade agenda of the United States? Even if services deserve a high priority in principle, is it feasible to negotiate general rules for the services trade under GATT? Are other countries willing to change their longstanding history of regulation of services markets and to expose their national firms to the challenges of large US service firms? If the United States enters into multilateral negotiations on services, what might it expect to achieve?
Download or read book Opening Markets for Trade in Services written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Open Markets Matter written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 1998 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The benefits of open markets are tangible. In the last decade, countries that have been more open to trade and investment have achieved double the average annual growth of more closed economies. More individuals, firms and nations than ever before depend on the gains from trade and investment liberalisation. Yet anxiety about the effects of greater market integration remains. It is essential for long-term world prosperity that countries' commitment to trade and investment liberalisation be sustained. To be credible, that commitment must be rooted in and enjoy broad public support and understanding. This makes it all the more important to communicate what trade and investment liberalisation can and cannot do and be held responsible for. Trade and investment liberalisation is not painless. It should not be viewed as a cure-all nor presented as an end in itself. It is, however, an essential component of any coherent set of policies aimed at helping societies adjust to - and take advantage of - technology-driven transformations whose pace and depth are unprecedented. The stakes are high. This book examines the various channels through which open markets deliver considerable benefits to societies and their citizens; recalls the real pocket-book costs of protectionism; and addresses the full range of concerns that feature prominently in ongoing discussions over the effects of market liberalisation on employment, income distribution, environmental protection and national sovereignty. A central message of this book is that liberalisation forms part of the solution to the concerns of citizens, rather than being their root cause. The book's comprehensive treatment of the ins and outs of trade and investment liberalisation should make an important contribution to the public debate. It is essential reading for public officials, business leaders and private citizens who wish to take an active part in it.
Download or read book International Provision of Trade Services Trade and Fragmentation written by Alan V. Deardorff and published by World Bank Publications. This book was released on 2001 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author examines the special role that trade liberalization in services industries can play in stimulating trade in both services, and goods. International trade in goods requires inputs from such trade services as transportation, insurance, and finance, for example. Restrictions on services across borders, and within foreign countries add costs, and barriers to international trade. Liberalizing trade in services could also facilitate trade in goods, providing more benefits than one might expect from analysis merely of the services trade. To emphasize the point, the author notes that the benefits for trade are arguably enhanced by the phenomenon of fragmentation. The more that production processes become split across locations, with the fragments tied together, and coordinated by various trade services, the greater the gains from reductions in the costs of services. The incentives for such fragmentation can be greater across countries, than within countries, because of the greater differences in factor prices, and technologies. But the service costs of international fragmentation can also be larger, especially if regulations, and restrictions impede the international provision of services. As a result, trade liberalization in services can stimulate the fragmentation of production of both goods, and services, thus increasing international trade, and the gains from trade even further. Since fragmentation seems to characterize an increasing portion of world specialization, the importance of service liberalization is growing apace.
Download or read book Trading Services in the Global Economy written by Juan R. Cuadrado Roura and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides one of the first interdisciplinary reviews of the relationship between services, globalisation and trade liberalisation as we enter the twenty-first century. Written by academics and policymakers, it contains a detailed analysis of the characteristics of service trade and of recent and current service trade negotiations.
Download or read book Research Handbook on Trade in Services written by Pierre Sauvé and published by Edward Elgar Publishing. This book was released on 2016-09-30 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Research Handbook explores the latest frontiers in services trade by drawing on insights from empirical economics, law and global political economy. The world’s foremost experts take stock of the learning done to date in services trade, explore policy questions bedevilling analysts and direct attention to a host of issues, old and new, confronting those interested in the service economy and its rising salience in cross-border exchange. The Handbook’s 22 chapters shed informed analytical light on a subject matter whose substantive remit continues to be shaped by rapid evolutions in technology, data gathering, market structures, consumer preferences, approaches to regulation and by ongoing shifts in the frontier between the market and the state.
Download or read book Trade in Services written by Greg McGuire and published by Univ of California Press. This book was released on 2002 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The service sector is the most important sector for most developed economies being the largest contributor to gross domestic product, production, and employment. Developing economies on the other hand have a comparative advantage in labor services, however, the export of many of these services is limited by many restrictions on the temporary movement of labor imposed through domestic regulation. This study provides a comprehensive overview of the international trade in services focusing on market access in foreign markets. It also explains how developing economies are dealing with the issue of trade restrictions so as to spur development of the service sector.
Download or read book Opening Markets for Trade in Services written by Juan A. Marchetti and published by Cambridge University Press. This book was released on 2009-02-02 with total page 761 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade in services is an increasingly important part of global trade and, as such, figures prominently in multilateral, regional and bilateral trade negotiations. In this volume of essays, academics, negotiators and experts from various international organizations explore the achievements of such negotiations, together with the challenges and opportunities which arise and the motivations that come into play in such negotiations. The contributions highlight issues in important services sectors, such as distribution, energy, finance, telecommunications, air transport and the postal and audiovisual sectors, as well as areas such as cross-border trade and government procurement. Case studies look into the experiences of specific countries. The focus on sector analysis and country experiences sheds light on the state of services liberalization and the regulation of international trade in services at the beginning of the twenty-first century, making this an indispensable guide to ongoing and future international negotiations on this topic.
Download or read book GATS and the Regulation of International Trade in Services written by Marion Panizzon and published by Cambridge University Press. This book was released on 2008-07-10 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays takes stock of the key challenges that have arisen since the entry into force of the General Agreement on Trade in Services in the mid-1990s and situates them in the context of the WTO's Doha Development Agenda and the proliferation of preferential agreements addressing services today. The multidisciplinary approach provides an opportunity for many of the world's leading experts and a number of new analytical voices to exchange ideas on the future of services trade and regulation. Cosmopolitan approaches to the treatment of labour mobility, the shape of services trade disciplines in the digital age and pro-competitive regulation in air transport are explored with a view to helping readers gain a better understanding of the forces shaping the changes. An essential read for all those concerned with the evolution of the rules-based trading system and its impact on the service economy.
Download or read book A Handbook of International Trade in Services written by Aaditya Mattoo and published by Oxford University Press. This book was released on 2008 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title provides a comprehensive introduction to the key issues in trade and liberalization of services. Providing a useful overview of the players involved, the barriers to trade, and case studies in a number of service industries, this is ideal for policymakers and students interested in trade.
Download or read book U s Trade in Services written by Rachel F. Fefer and published by Createspace Independent Publishing Platform. This book was released on 2017-07-19 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Services" refers to a growing range of economic activities, such as audiovisual; construction; computer and related services; energy; express delivery; e-commerce; financial; professional (such as accounting and legal services); retail and wholesaling; transportation; tourism; and telecommunications. Services have become an important priority in U.S. trade flows and trade policy and of global trade in general, accounting for 752.4 billion Dollars of U.S. exports and 82 percent of U.S. private sector jobs. The types and volume of services that can be traded, however, are limited by their intangibility (as compared to goods), the requirement for direct buyer-provider contact, and other unique characteristics. The Administration is engaged in discussions on potential and existing trade agreements that include services as a significant component. For each agreement, Congress may consider legislation to implement the agreements in the future. The United States is the world's largest exporter of services (14 percent of the global total in 2015) and the largest importer (10 percent of the global total in 2015). Rapid advances in information technology and the related growth of global value and supply chains have reduced barriers to trade in services, making an expanding range of services tradable across national borders. A number of economists have argued that "behind the border" barriers imposed by foreign governments prevent U.S. trade in services from expanding to their full potential. The United States continues to negotiate trade agreements to lower these barriers. It has been a leading force in doing so under the General Agreement on Trade in Services (GATS) in the World Trade Organization (WTO) and in free trade agreements, all of which contain significant provisions on market access and rules for liberalizing trade in services. The United States is currently at different stages with multiple trade agreements that include trade in services: -Renegotiation of the North American Free Trade Agreement (NAFTA) with Canada and Mexico; -Potential continued negotiation of the Trade in Services Agreement (TiSA), a plurilateral agreement outside of the WTO with 22 other countries; -Potential continued negotiation of the Transatlantic Trade and Investment Partnership (T-TIP) free trade agreement with the European Union (EU), which would cover the world's two largest providers of and traders in services; and -Potential new and updated bilateral free trade agreements with other partners. In each case, participants have difficult issues to address and the outlook for progress is uncertain. One issue is whether bilateral, regional, and plurilateral agreements would support or undermine the pursuit of a more extensive, multilateral agreement in the GATS. Congress and U.S. trade negotiators face other issues, including how to balance the need for effective regulations with the objective of opening markets for U.S. exports and trade in services; ensuring adequate and accurate data to measure trade in services to better inform trade policy; and determining whether further international cooperation efforts are needed to improve the regulatory environment for services trade beyond initial market access. This report provides background information and analysis on these and other emerging issues and U.S. international trade in services, in general. In addition, it examines existing and potential agreements, NAFTA, TiSA, and T-TIP, as they relate to services trade.
Download or read book Global Trade in Services written by J. Bradford Jensen and published by Peterson Institute. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: He finds that, in spite of US comparative advantage in service activities, service firms' export participation lags manufacturing firms. Jensen evaluates the impediments to services trade and finds evidence that there is considerable room for liberalization-especially among the large, fast-growing developing economies. The policy recommendations coming out of this path-breaking study are quite clear. The United States should not fear trade in services. It should be pushing aggressively for services trade liberalization. Because other advanced economies have similar comparative advantage in service, the United States should make common cause with the European Union and other advanced economies to encourage the large, fast-growing developing economies to liberalize their service sectors through multilateral negotiations in the General Agreement on Trade in Services and the Government Procurement Agreement.
Download or read book Opening Markets in Financial Services and the Role of GATS written by Masamichi Kono and published by . This book was released on 1997 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Ashgate Research Companion to International Trade Policy written by Kenneth Heydon and published by Routledge. This book was released on 2016-03-16 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a state of the art review of current thinking on the full range of trade policy issues, addressing the economic and political dimensions of international trade policy. The volume contains a systematic examination of: - specific trade policy instruments (such as tariffs, non-tariff barriers and trade rules) - sectoral concerns (in agriculture, manufacturing and services) - trade linkages (to issues such as the environment and labour standards) - systemic considerations (what role for the WTO?) The organising theme of the volume is that open markets for trade and investment yield large potential gains in human welfare as long as trade policy is conducted as an integral part of broader domestic economic management and regulatory reform, and as long as the particular challenges facing developing countries are effectively addressed. This 'case' is presented on the basis of rigorous analysis of first principles and of empirical experience among key trading nations. An integrated set of original and comprehensive perspectives from a diverse group of experts, linked by a common organisational thread. The contributing authors create an ideal mix of internationally recognised experts together with younger specialists making their mark in trade policy analysis; academics as well as trade policy practitioners; and representatives of both developed and developing countries.
Download or read book International Provision of Trade Services Trade and Fragmentation written by Alan V. Deardorff and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: February 2001 By reducing the costs of such trade services as transport, insurance, and finance, liberalizing trade in services can generate benefits in the markets for every kind of trade they facilitate. It can also stimulate the fragmentation of production of both goods and services, thus increasing international trade and the gains from trade even further. Deardorff examines the special role that trade liberalization in services industries can play in stimulating trade in both services and goods. International trade in goods requires inputs from such trade services as transportation, insurance, and finance, for example. Restrictions on services across borders and within foreign countries add costs and barriers to international trade. Liberalizing trade in services could also facilitate trade in goods, providing more benefits than one might expect from analysis merely of the services trade. To emphasize the point, Deardorff notes that the benefits for trade are arguably enhanced by the phenomenon of fragmentation. The more that production processes become split across locations, with the fragments tied together and coordinated by various trade services, the greater the gains from reductions in the costs of services. The incentives for such fragmentation can be greater across countries than within countries because of the greater differences in factor prices and technologies. But the service costs of international fragmentation can also be larger, especially if regulations and restrictions impede the international provision of services. As a result, trade liberalization in services can stimulate the fragmentation of production of both goods and services, thus increasing international trade and the gains from trade even further. Since fragmentation seems to characterize an increasing portion of world specialization, the importance of service liberalization is growing apace. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to improve trade policy in goods and services. The author may be contacted at [email protected].
Download or read book International Trade in Services written by Mark Sundberg and published by Taylor & Francis. This book was released on 2024-11-01 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade in services is emerging as an important area of study. Governments are becoming increasingly aware of the significance of services in both trade and investmnet relationships. This book is based om researh carred out as part of the ASEAN- Australia Joint Rsearch Project, Its is of relevance internationally as well as to the Paficic Rim countries for its consideration of both theoretical and policy aspects. Case studies are presented for each country of the origonal ASEAN members: Sinagpore, Malaysia, Indonesia, Thailand, the Philippines and on touriam, telecommunications, air transport and consulatncy services.
