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Author: Pierre Sauve Publisher: World Bank Publications ISBN: 0821383434 Category : Political Science Languages : en Pages : 246
Book Description
Trade in services, far more than trade in goods, is affected by a variety of domestic regulations, ranging from qualification and licensing requirements in professional services to pro-competitive regulation in telecommunications services. Experience shows that the quality of regulation strongly influences the consequences of trade liberalization. WTO members have agreed that a central task in the ongoing services negotiations will be to develop a set of rules to ensure that domestic regulations support rather than impede trade liberalization. Since these rules are bound to have a profound impact on the evolution of policy, particularly in developing countries, it is important that they be conducive to economically rational policy-making. This book addresses two central questions: What impact can international trade rules on services have on the exercise of domestic regulatory sovereignty? And how can services negotiations be harnessed to promote and consolidate domestic policy reform across highly diverse sectors? The book, with contributions from several of the world's leading experts in the field, explores a range of rule-making challenges arising at this policy interface, in areas such as transparency, standards and the adoption of a necessity test for services trade. Contributions also provide an in-depth look at these issues in the key areas of accountancy, energy, finance, health, telecommunications and transportation services.
Author: Pierre Sauve Publisher: World Bank Publications ISBN: 0821383434 Category : Political Science Languages : en Pages : 246
Book Description
Trade in services, far more than trade in goods, is affected by a variety of domestic regulations, ranging from qualification and licensing requirements in professional services to pro-competitive regulation in telecommunications services. Experience shows that the quality of regulation strongly influences the consequences of trade liberalization. WTO members have agreed that a central task in the ongoing services negotiations will be to develop a set of rules to ensure that domestic regulations support rather than impede trade liberalization. Since these rules are bound to have a profound impact on the evolution of policy, particularly in developing countries, it is important that they be conducive to economically rational policy-making. This book addresses two central questions: What impact can international trade rules on services have on the exercise of domestic regulatory sovereignty? And how can services negotiations be harnessed to promote and consolidate domestic policy reform across highly diverse sectors? The book, with contributions from several of the world's leading experts in the field, explores a range of rule-making challenges arising at this policy interface, in areas such as transparency, standards and the adoption of a necessity test for services trade. Contributions also provide an in-depth look at these issues in the key areas of accountancy, energy, finance, health, telecommunications and transportation services.
Author: Denise Eby Konan Publisher: World Bank Publications ISBN: Category : Free trade Languages : en Pages : 31
Book Description
The authors consider how service liberalization differs from goods liberalization in terms of welfare, the level and composition of output, and factor prices within a developing economy, in this case Tunisia. Despite recent movements toward liberalization, Tunisian service sectors remain largely closed to foreign participation and are provided at high cost relative to many developing nations. The authors develop a computable general equilibrium (CGE) model of the Tunisian economy with multiple products and services and three trading partners. They model goods liberalization as the unilateral removal of product tariffs. Restraints on services trade involve both restrictions on cross-border supply (mode 1 in the GATS) and on foreign ownership through foreign direct investment (mode 3 in the GATS). The former are modeled as tariff-equivalent price wedges while the latter are comprised of both monopoly-rent distortions (arising from imperfect competition among domestic producers) and inefficiency costs (arising from a failure of domestic service providers to adopt least-cost practices). They find that goods-trade liberalization yields a gain in aggregate welfare and reorients production toward sectors of benchmark comparative advantage. However, a reduction of services barriers in a way that permits greater competition through foreign direct investment generates larger welfare gains. Service liberalization also requires lower adjustment costs, measured in terms of sectoral movement of workers, than does goods-trade liberalization. And it tends to increase economic activity in all sectors and raise the real returns to both capital and labor. The overall welfare gains of comprehensive service liberalization amount to more than 5 percent of initial consumption. The bulk of these gains come from opening markets for finance, business services, and telecommunications. Because these are key inputs into all sectors of the economy, their liberalization cuts costs and drives larger efficiency gains overall. The results point to the potential importance of deregulating services provision for economic development.
Author: OECD Publisher: OECD Publishing ISBN: 9264196455 Category : Languages : en Pages : 93
Book Description
This study recall the economic case that underpins the GATS, addresses concerns over the effects of the GATS, and points out some of the key negotiating challenges of the current GATS round.
Author: H. Kassim Publisher: Springer ISBN: 0230245382 Category : Political Science Languages : en Pages : 341
Book Description
Air Transport and the European Union examines the emergence of the EU as a major actor in aviation. It investigates how the EU was able to develop a common policy despite the existence of an established sectoral regime and against the opposition of most European states and their 'flag carriers'.
Author: Christina L. Davis Publisher: Princeton University Press ISBN: 1400841399 Category : Political Science Languages : en Pages : 422
Book Description
This detailed account of the politics of opening agricultural markets explains how the institutional context of international negotiations alters the balance of interests at the domestic level to favor trade liberalization despite opposition from powerful farm groups. Historically, agriculture stands out as a sector in which countries stubbornly defend domestic programs, and agricultural issues have been the most frequent source of trade disputes in the postwar trading system. While much protection remains, agricultural trade negotiations have resulted in substantial concessions as well as negotiation collapses. Food Fights over Free Trade shows that the liberalization that has occurred has been due to the role of international institutions. Christina Davis examines the past thirty years of U.S. agricultural trade negotiations with Japan and Europe based on statistical analysis of an original dataset, case studies, and in-depth interviews with over one hundred negotiators and politicians. She shows how the use of issue linkage and international law in the negotiation structure transforms narrow interest group politics into a more broad-based decision process that considers the larger stakes of the negotiation. Even when U.S. threats and the spiraling budget costs of agricultural protection have failed to bring policy change, the agenda, rules, and procedures of trade negotiations have often provided the necessary leverage to open Japanese and European markets. This book represents a major contribution to understanding the negotiation process, agricultural politics, and the impact of international institutions on domestic politics.
Author: Willem Hulsink Publisher: Routledge ISBN: 1134679947 Category : Business & Economics Languages : en Pages : 412
Book Description
This book combines a detailed, sector-specific study of comparative telecommunications regimes set in the context of the EC, with an extensive historical and empirical analysis of individual policy management and change as experienced by three diverse regulatory cultures, namely, Britain, the Netherlands and France. By adopting a comprehensive analytical framework based on far-reaching literature, the author explores a wide-range of theories, addressing key issues at the forefront of contemporary political and academic debate as: Do nation states matter in the globalizing telecommunications industry? Does the common challenge of techno-global telecommunications restructuring elicit different national responses? What is the significance of a single-speed or multi-speed Europe in implementing telecommunications governance regimes?
Author: Paul Ekins Publisher: Routledge ISBN: 1136551115 Category : Law Languages : en Pages : 368
Book Description
Trade liberalization, as promoted by the World Trade Organization (WTO), has become one of the dominant drivers and most controversial aspects of globalization. Trade sustainability impact assessments (SIAs) were introduced as a means of generating better understanding especially of the social and environmental impacts of trade liberalisation, and of making those impacts more consistent with sustainable development. This book takes a hard look at the experience of Trade SIAs to date, and the extent to which they have achieved their objectives and improved the outcomes of trade negotiations. It proposes several ways in which Trade SIAs could be made more effective, and illustrates these in respect of controversial sectors in which trade liberalisation has been implemented or proposed, including commodities, services and investment. Finally the book makes proposals beyond SIA through which some of the conflicts between trade liberalization and sustainable development could be more effectively addressed. Written by top researchers and experts on trade SIAs, this book is vital for researchers, academics, post-graduate students and policy makers working on any aspect of impact assessment, international trade or globalisation more generally. In addition, the book will provide a particularly useful background for those considering how the environment and trade interrelate at both global and regional levels, with some particular insights on climate change and trade policies.
Author: Pierre Sauve
Author: Pierre Sauve
Author: Denise Eby Konan
Author: 
Author: OECD
Author: Bernard M. Hoekman
Author: H. Kassim
Author: Christina L. Davis
Author: Mei Ling Sieh Lee
Author: Willem Hulsink
Author: Paul Ekins