Services Trade and Policy

A substantial body of research has taken shape on trade in services since the mid-1980s. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on important l...

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Main Authors:	Francois, Joseph, Hoekman, Bernard
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Multinational Firms International Business F230 Industry Studies: Services: General L800 Industry Studies: Transportation and Utilities: General L900 International Linkages to Development Role of International Organizations O190
Online Access:	http://hdl.handle.net/10986/5745

id	okr-10986-5745
recordtype	oai_dc
spelling	okr-10986-57452021-04-23T14:02:23Z Services Trade and Policy Francois, Joseph Hoekman, Bernard Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Multinational Firms International Business F230 Industry Studies: Services: General L800 Industry Studies: Transportation and Utilities: General L900 International Linkages to Development Role of International Organizations O190 A substantial body of research has taken shape on trade in services since the mid-1980s. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on important linkages between trade and FDI in services and the general pattern of productivity growth and economic development. This paper surveys the literature on services trade, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade, and efforts to cooperate to achieve such liberalization through trade agreements. There is increasing evidence that services liberalization is a major potential source of gains in economic performance, including productivity in manufacturing and the coordination of activities both between and within firms. The performance of service sectors, and thus services policies, may also be an important determinant of trade volumes, the distributional effects of trade, and overall patterns of economic growth and development. At the same time, services trade is also a source of increasing political unease about the impacts of globalization on labor markets, linked to worries about offshoring and the potential pressure this places on wages in high income countries. 2012-03-30T07:34:20Z 2012-03-30T07:34:20Z 2010 Journal Article Journal of Economic Literature 00220515 http://hdl.handle.net/10986/5745 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Multinational Firms International Business F230 Industry Studies: Services: General L800 Industry Studies: Transportation and Utilities: General L900 International Linkages to Development Role of International Organizations O190
spellingShingle	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Multinational Firms International Business F230 Industry Studies: Services: General L800 Industry Studies: Transportation and Utilities: General L900 International Linkages to Development Role of International Organizations O190 Francois, Joseph Hoekman, Bernard Services Trade and Policy
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	A substantial body of research has taken shape on trade in services since the mid-1980s. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on important linkages between trade and FDI in services and the general pattern of productivity growth and economic development. This paper surveys the literature on services trade, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade, and efforts to cooperate to achieve such liberalization through trade agreements. There is increasing evidence that services liberalization is a major potential source of gains in economic performance, including productivity in manufacturing and the coordination of activities both between and within firms. The performance of service sectors, and thus services policies, may also be an important determinant of trade volumes, the distributional effects of trade, and overall patterns of economic growth and development. At the same time, services trade is also a source of increasing political unease about the impacts of globalization on labor markets, linked to worries about offshoring and the potential pressure this places on wages in high income countries.
format	Journal Article
author	Francois, Joseph Hoekman, Bernard
author_facet	Francois, Joseph Hoekman, Bernard
author_sort	Francois, Joseph
title	Services Trade and Policy
title_short	Services Trade and Policy
title_full	Services Trade and Policy
title_fullStr	Services Trade and Policy
title_full_unstemmed	Services Trade and Policy
title_sort	services trade and policy
publishDate	2012
url	http://hdl.handle.net/10986/5745
_version_	1764396157111369728

Services Trade and Policy

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