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A Handbook of International Trade in Services
Aaditya Mattoo, Robert M. Stern, and Gianni Zanini
680 pages
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61 tables and 43 figures
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246x189mm
978-0-19-923521-6
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Hardback
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22 November 2007
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- Comprehensive introduction to the key issues in the trade and liberalization of services
- Provides a useful overview as well as more in-depth treatment of specific services, like health services, telecommunications, and the movement of people
- Ideal reference for trade advisors, policymakers, and students
International trade and investment in services are an increasingly important part of global commerce. Advances in information and telecommunication technologies have expanded the scope of services that can be traded cross-border. Many countries now allow foreign investment in newly privatized and competitive markets for key infrastructure services, such as energy, telecommunications, and transport. More and more people are travelling abroad to consume tourism, education, and medical services, and to supply services ranging from construction to software development. In fact, services are the fastest growing components of the global economy, and trade and
foreign direct investment (FDI) in services have grown faster than in goods over the past decade and a half.
International transactions, however, continue to be impeded by policy barriers, especially to foreign investment and the movement of service-providing individuals. Developing countries in particular are likely to benefit significantly from further domestic liberalization and the elimination of barriers to their exports. In many instances, income gains from a reduction in protection to services may be far greater than from trade liberalization in goods.
In light of the increasing importance of international trade in services and the inclusion of services issues on the agendas of the multilateral, regional and bilateral trade
negotiations, there is an obvious need to understand the economic implications of services trade and liberalization. A Handbook of International Trade in Services provides a comprehensive introduction to the subject, making it an essential reference for trade officials, policy advisors, analysts, academics, and students. Beginning with an overview on the key issues in trade in services and discussion of the GATS, the book then looks at trade negotiations in the service sector, the barriers to trade in services, and concludes by looking at a number of specific service sectors, such as financial services, e-commerce, health services, and the temporary movement of workers. Readership: Policymakers, trade
officials, and representatives of business and consumer associations. Academics and students interested in international trade and liberalization.
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Aaditya Mattoo, Lead Economist, Development Research Group of the World Bank, Robert M. Stern, Professor of Economics and Public Policy (Emeritus), University of Michigan, and Gianni Zanini, Lead Economist and WBIPR Trade Program Leader, World Bank Institute Contributors:
Rudolf Adlung, Trade in Services Division of the WTO Secretariat, World Trade Organization
Jonathan D. Aronson, University of Southern California
Chantal Blouin, Chercheure Principale, Commerce et Développement, Ottawa, Canada
Patricio Contreras, Office of the Comptroller of the Currency, Washington
DC
Brian Copeland, University of British Columbia
Peter F. Cowhey, University of California, San Diego
Barbara d'Andrea, International Trade Statistics Section, WTO
Alan V. Deardorff, University of Michigan
Philippa Dee, Australian National University
Shantayanan Devarajan, Chief Economist, South Asia Region, World Bank
Wendy Dobson, University of Toronto
Nick Drager, Department of Ethics, Trade, Human Rights and Law, World Health Organization
Roberto Echandi, Small Economy Trade & Investment Center (SETIC), Diplomatic Institute, Ministry of Foreign Affairs of Costa Rica
Geza Feketekuty, Institute for Trade and Commercial Diplomacy
David P. Fidler, Indiana University
School of Law
Christopher Findlay, University of Adelaide
Carsten Fink, International Trade Team, World Bank Institute, World Bank
Marc H. Juhel, Transport and Logistics Adviser, World Bank
Joscelyn Magdeleine, International Trade Statistics Section, WTO
Flávio Marega, Embassy of Brazil, Washington DC
Aaditya Mattoo, International Trade Group, Development Research Group World Bank
Andreas Maurer, International Trade Statistics Section, WTO
Yann Marcus, International Trade Statistics Section, WTO
Demetrios G. Papademetriou, Migration Policy Institute
Carlos S. Primo Braga, International Trade Department, World Bank
Thomas F. Rutherford, Ann Arbor, Michigan
Pierre Sauvé, London School of Economics and Political Science
Richard Smith, University of East Anglia
Sherry Stephenson, Department of Trade, Tourism and Competitiveness, Executive Secretariat for Integral Development (SEDI), Organization of American States (OAS)
Robert M. Stern, University of Michigan
David Tarr, Development Research Group, World Bank
Yan Wang, Trade Team, World Bank Institute
Obie Whichard, Bureau of Economic Analysis, U.S. Department of Commerce
L. Alan Winters, Development Research Group, World Bank
Gianni Zanini, World Bank Institute, World Bank
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Part I. The Framework of Trade in Services
1: Aaditya Mattoo and Robert M. Stern: Overview
2: Rudolf Adlung and Aaditya Mattoo: The GATS
3: Brian Copeland and Aaditya Mattoo: The Basic Economics of Services Trade
Part II. Analyzing Trade in Services
4: Andreas Maurer, Yann Marcus, Joscelyn Magdeleine, and Barbara d'Andrea: Measuring Trade in Services
5: Alan V. Deardorff and Robert M. Stern: Empirical Analysis of Barriers to International Services Transactions and the Consequences of Liberalization
6: Aaditya Mattoo and Pierre Sauvé: Regionalism in Services Trade
Part III. Sectoral and Modal Analysis
7: Wendy Dobson: Financial Services and International Trade Agreements: The Development Dimension
8: Philippa Dee and Christopher Findlay: Trade in Infrastructure Services: A Conceptual Framework
9: Christopher Findlay: Transport Services
10: Peter F. Cowhey and Jonathan D. Aronson: Trade in Telecommunications Services
11: Richard Smith, Chantal Blouin, Nick Drager, and David P. Fidler: Trade in Health Services and the GATS
12: Carlos S. Primo Braga: E-Commerce Regulation: New Game, New Rules?
13: L. Alan Winters: The Temporary Movement of Workers to Provide Services (GATS Mode 4)
Appendix. A Guide to Services NegotiationsGeza Feketekuty:
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