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Author: Matthew Stern Publisher: ISBN: Category : Africa, Southern Languages : en Pages : 29
Book Description
Despite the significant growth and opportunities in trade in services, countries remain reluctant to open key service industries to unfettered competition, and regulations continue to restrict or even prevent international trade in this sector. In the Southern African Development Community (SADC) region, the service sector accounts for an increasing share of gross domestic product (GDP) and employment, but in many countries and subsectors, service firms are uncompetitive and inefficient when compared to their peers. Trade agreements can provide an external stimulus and some incentive for SADC member states to engage in services liberalisation. They may also be used to source additional expertise and resources to support domestic regulation and reform. The draft EU-SADC Economic Partnership Agreement (EPA) has the ability to take SADC countries forward in committing them to good practices and policies in a number of critical services subsectors. However, it is clearly driven by EU trade and regulatory interests. The draft SADC Protocol on Trade in Services is much less ambitious and, in its current form, is unlikely to stretch member states beyond their existing General Agreement on Trade in Services commitments. There is therefore some risk that the SADC Free Trade Agreement will be overtaken by the EPA; and that any impetus for change will come instead from an agreement crafted by Europe. The paper begins with a review of the role of the service industry in the SADC economy, focusing on its GDP, employment, trade and investment. It identifies three major sectors for illustrative evaluation, namely transportation, financial and telecommunications services. The paper briefly considers the state of competition and regulation across SADC in these sectors. It looks at the proposed EPA and SADC services agreement and concludes with a discussion on the likely implications of these negotiations.
Author: Matthew Stern Publisher: ISBN: Category : Africa, Southern Languages : en Pages : 29
Book Description
Despite the significant growth and opportunities in trade in services, countries remain reluctant to open key service industries to unfettered competition, and regulations continue to restrict or even prevent international trade in this sector. In the Southern African Development Community (SADC) region, the service sector accounts for an increasing share of gross domestic product (GDP) and employment, but in many countries and subsectors, service firms are uncompetitive and inefficient when compared to their peers. Trade agreements can provide an external stimulus and some incentive for SADC member states to engage in services liberalisation. They may also be used to source additional expertise and resources to support domestic regulation and reform. The draft EU-SADC Economic Partnership Agreement (EPA) has the ability to take SADC countries forward in committing them to good practices and policies in a number of critical services subsectors. However, it is clearly driven by EU trade and regulatory interests. The draft SADC Protocol on Trade in Services is much less ambitious and, in its current form, is unlikely to stretch member states beyond their existing General Agreement on Trade in Services commitments. There is therefore some risk that the SADC Free Trade Agreement will be overtaken by the EPA; and that any impetus for change will come instead from an agreement crafted by Europe. The paper begins with a review of the role of the service industry in the SADC economy, focusing on its GDP, employment, trade and investment. It identifies three major sectors for illustrative evaluation, namely transportation, financial and telecommunications services. The paper briefly considers the state of competition and regulation across SADC in these sectors. It looks at the proposed EPA and SADC services agreement and concludes with a discussion on the likely implications of these negotiations.
Author: Bohani Hlungwane Publisher: ISBN: Category : Languages : en Pages :
Book Description
The subject of international trade is as old as the human race. Countries have always needed goods they were unable to produce either because of lack of resources, lack of skills or just cost related constraints. On the other hand, countries have at one time or the other been able to produce more goods and services than they can consume. This situation led to people buying goods and services across national boundaries. As long as people have inhabited the earth, they have been engaging in some form of trading. As the world evolved through civilisation, countries continued to exchange goods and services across borders. Goods and services can be exchanged for a price between two countries, a few countries in a region, countries in a continent and even all countries in the world. The world multilateral trading system celebrated 60 years in operation in 2006. By this time over 55% of world trade was happening through Regional Trade Agreements with the European Union leading the way. Over 70% of trade in the European Union happens within the region. In the meanwhile, the South African Development Community (SADC) only conducts about 9% of its total trade within the region. Against this background, SADC agreed to a Trade Protocol in 2000 with the objective of deepening regional economic integration. Amongst the objectives of the SADC Trade Protocol was to increase levels of exports and imports within SADC. This study looks at the impact of these regional economic integration efforts on intra-SADC trade. The study examines if the SADC intra-regional trade behaves in a consistent manner with economic theory, global trade trends and other regional formations of economic integration.
Author: Juan A. Marchetti Publisher: Cambridge University Press ISBN: 1139475630 Category : Law Languages : en Pages : 761
Book Description
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.
Author: Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Introduction Few countries in the Southern African Development Community (SADC) would doubt the significance of trade in services in the process of enhancing economic growth and increasing living standards and the quality of life for the people, let alone the importance of building national capacities in the domestic services sector against the background of a rapidly changing, more complex and co. [...] The purpose of the study is to provide some of the economic and institutional analyses that might inform the formulation of country and regional positions in the new round of GATS negotiations in services trade. [...] The price and quality of service inputs is therefore crucial in determining the cost of all goods and services in the economy. [...] CAPAS studies on the health sector illustrate the potential of the health services sector to generate export earnings and contribute to the building of domestic capacity in the sector. [...] Services Trade by Mode of Supply In order to assess the overall significance of trade in services and make it relevant to GATS negotiations, we look at the trade in services by mode of delivery.
Author: Victor T. Amadi Publisher: Routledge ISBN: 1000563715 Category : Law Languages : en Pages : 176
Book Description
This book explores how law and policy makers within the Southern African Development Community regional structure might reform the legal and regulatory frameworks to best capitalise the benefits of the movement of people, drawing lessons from other experienced jurisdictions by critically engaging with the regulatory efforts and approaches in regions such as the European Union, the Economic Community of West African States, and the East African Community to propose a revised approach to migration governance and practice in the SADC. Deeper regional integration allows citizens to move freely across national boundaries, and services are a rising component of global trade and investment. However, global trade in services is stifled by barriers at and behind the border. These barriers make it difficult for service providers from developing regions to access key markets in their preferred modes of service trade. Against this background, this book aims to take the discussion on furthering regional integration and trade through the movement of people by tackling issues on stringent immigration policies, arguing that having a vibrant and rewarding trade in services will require an approach towards the unrestricted movement of persons.
Author: Matthew Stern
Author: Matthew Stern
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Author: Manenga Chilala Ndulo
Author: Bohani Hlungwane
Author: Juan A. Marchetti
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Author: Victor T. Amadi
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Author: Southern African Development Community