Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services

This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for benefi...

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Bibliographic Details
Main Authors: Hoekman, Bernard, Mattoo, Aaditya
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
GDP
ITC
MFN
TAX
WTO
Online Access:http://documents.worldbank.org/curated/en/2007/12/8890090/regulatory-cooperation-aid-trade-general-agreement-trade-services
http://hdl.handle.net/10986/7527
id okr-10986-7527
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO SERVICE MARKETS
ADVERSE EFFECT
AGREEMENT ON TRADE
AGRICULTURE
ASYMMETRIC INFORMATION
AUDITS
AUTONOMY
BANK REGULATION
BARRIERS TO ENTRY
BARRIERS TO INVESTMENT
BEST MARKET
BILATERAL APPROACH
BUSINESS PRACTICE
BUSINESS SERVICES
CAPACITY BUILDING
COLLATERAL
COMMERCIAL PRESENCE
COMPARATIVE ADVANTAGE
COMPETITIVE MARKET
COMPETITIVE MARKET STRUCTURES
COMPETITIVENESS
COMPETITIVENESS OF FIRMS
CONCESSIONS
CONSUMERS
CORE BUSINESS
COUNTRY MARKETS
CRITICAL MASS
CROSS-BORDER TRADE
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING COUNTRY MARKETS
DEVELOPMENT ASSISTANCE
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGIES
DISTRIBUTION SERVICES
DOHA DEVELOPMENT AGENDA
DOMESTIC REGULATION
DOMESTIC SUPPLY
ECONOMIC DEVELOPMENT
ECONOMIC INTEGRATION
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC SITUATION
ECONOMIC SIZE
ECONOMIES OF SCALE
ECONOMY-WIDE BENEFITS
EFFECTIVE MARKET ACCESS
EMERGING ECONOMIES
EMERGING MARKETS
ENERGY SERVICES
ENFORCEMENT OF CONTRACTS
EXPORT GROWTH
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORTERS
EXPORTS
EXTERNALITIES
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SERVICES
FIXED COSTS
FOREIGN ENTRY
FOREIGN EXCHANGE
FOREIGN FIRMS
FOREIGN INVESTORS
FOREIGN MARKETS
FOREIGN PROVIDERS
FOREIGN SERVICES
GATS
GDP
GLOBAL MARKETPLACE
GLOBAL TRADE
GROWTH RATE
HOME COUNTRIES
HOME COUNTRY
IMPACT OF TRADE
IMPERFECT COMPETITION
IMPORTANCE OF SERVICES
IMPORTING COUNTRY
INCOME
INCOMES
INCUMBENT PROVIDER
INDUSTRIAL COUNTRY
INFORMATION SERVICES
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INTANGIBLE
INTERNATIONAL COOPERATION
INTERNATIONAL MARKET
INTERNATIONAL TRADE
INTERNATIONAL TRADE IN SERVICES
INTERNATIONAL TRANSACTIONS
INTERNATIONAL TRANSACTIONS IN SERVICES
INTERNATIONAL TRANSPORT
INVESTMENT BARRIERS
INVESTMENT CLIMATE
INVESTMENT LIBERALIZATION
ITC
JOINT VENTURE
LDCS
LIBERALIZATION
LIBERALIZATION OF TRADE
LIBERALIZATION OF TRADE IN GOODS
LIBERALIZING COMMITMENTS
LIBERALIZING TRADE
LIMITED ACCESS
MARKET ACCESS
MARKET ACCESS COMMITMENTS
MARKET FAILURES
MARKET STRUCTURES
MERCANTILISM
MFN
MFN EXEMPTIONS
MODES OF SUPPLY
MONEY LAUNDERING
MULTILATERAL AGREEMENT
MULTILATERAL DEVELOPMENT
MULTILATERAL LIBERALIZATION
MULTILATERAL NEGOTIATIONS
MULTILATERAL RULES
MULTILATERAL TRADE
MULTILATERAL TRADING SYSTEM
NATIONAL TREATMENT
NATIONAL WELFARE
NATURAL PERSONS
NECESSARY REGULATORY
OPENNESS
OUTSOURCING
PER CAPITA INCOME
POLITICAL ECONOMY
POSITIVE EFFECTS
PRIVATIZATION
PRO-COMPETITIVE REGULATION
PROFESSIONAL SERVICES
PROVISION OF SERVICES
RECIPROCITY
RECOGNITION AGREEMENTS
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGULATOR
REGULATORS
REGULATORY AUTHORITIES
REGULATORY BODIES
REGULATORY CONSTRAINTS
REGULATORY MECHANISMS
REGULATORY REQUIREMENTS
REGULATORY STANDARDS
REMOTE AREAS
REVERSE AUCTION
SECURITY CONCERNS
SERVICE QUALITY
SERVICE SECTORS
SERVICES CONTEXT
SERVICES INDUSTRIES
SERVICES LIBERALIZATION
SERVICES MARKETS
SERVICES NEGOTIATIONS
SERVICES PROVIDERS
SERVICES SECTOR
SERVICES SECTORS
SERVICES SUPPLIERS
SERVICES TRADE
SKILLED WORKERS
SMALL ENTERPRISES
TARIFF EQUIVALENTS
TAX
TECHNICAL ASSISTANCE
TECHNOLOGICAL CHANGE
TECHNOLOGICAL CHANGES
TELECOMMUNICATIONS
TELECOMMUNICATIONS NETWORKS
TRADE AGREEMENTS
TRADE BARRIERS
TRADE FINANCE
TRADE IN SERVICES
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE REFORMS
TRADING PARTNERS
TRADING SYSTEM
TRANSACTION COSTS
TRANSACTIONS COSTS
TRANSITION ECONOMIES
TRANSPARENCY
TRANSPORT COSTS
TRANSPORT SERVICES
TRANSPORTATION SERVICES
TRAVEL SERVICES
UNILATERAL REFORMS
UNIVERSAL ACCESS
UNIVERSAL SERVICE
URUGUAY ROUND
VOTERS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle ACCESS TO SERVICE MARKETS
ADVERSE EFFECT
AGREEMENT ON TRADE
AGRICULTURE
ASYMMETRIC INFORMATION
AUDITS
AUTONOMY
BANK REGULATION
BARRIERS TO ENTRY
BARRIERS TO INVESTMENT
BEST MARKET
BILATERAL APPROACH
BUSINESS PRACTICE
BUSINESS SERVICES
CAPACITY BUILDING
COLLATERAL
COMMERCIAL PRESENCE
COMPARATIVE ADVANTAGE
COMPETITIVE MARKET
COMPETITIVE MARKET STRUCTURES
COMPETITIVENESS
COMPETITIVENESS OF FIRMS
CONCESSIONS
CONSUMERS
CORE BUSINESS
COUNTRY MARKETS
CRITICAL MASS
CROSS-BORDER TRADE
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING COUNTRY MARKETS
DEVELOPMENT ASSISTANCE
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGIES
DISTRIBUTION SERVICES
DOHA DEVELOPMENT AGENDA
DOMESTIC REGULATION
DOMESTIC SUPPLY
ECONOMIC DEVELOPMENT
ECONOMIC INTEGRATION
ECONOMIC OUTCOMES
ECONOMIC PERFORMANCE
ECONOMIC SITUATION
ECONOMIC SIZE
ECONOMIES OF SCALE
ECONOMY-WIDE BENEFITS
EFFECTIVE MARKET ACCESS
EMERGING ECONOMIES
EMERGING MARKETS
ENERGY SERVICES
ENFORCEMENT OF CONTRACTS
EXPORT GROWTH
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORTERS
EXPORTS
EXTERNALITIES
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SERVICES
FIXED COSTS
FOREIGN ENTRY
FOREIGN EXCHANGE
FOREIGN FIRMS
FOREIGN INVESTORS
FOREIGN MARKETS
FOREIGN PROVIDERS
FOREIGN SERVICES
GATS
GDP
GLOBAL MARKETPLACE
GLOBAL TRADE
GROWTH RATE
HOME COUNTRIES
HOME COUNTRY
IMPACT OF TRADE
IMPERFECT COMPETITION
IMPORTANCE OF SERVICES
IMPORTING COUNTRY
INCOME
INCOMES
INCUMBENT PROVIDER
INDUSTRIAL COUNTRY
INFORMATION SERVICES
INFORMATION TECHNOLOGY
INSTITUTIONAL CAPACITY
INTANGIBLE
INTERNATIONAL COOPERATION
INTERNATIONAL MARKET
INTERNATIONAL TRADE
INTERNATIONAL TRADE IN SERVICES
INTERNATIONAL TRANSACTIONS
INTERNATIONAL TRANSACTIONS IN SERVICES
INTERNATIONAL TRANSPORT
INVESTMENT BARRIERS
INVESTMENT CLIMATE
INVESTMENT LIBERALIZATION
ITC
JOINT VENTURE
LDCS
LIBERALIZATION
LIBERALIZATION OF TRADE
LIBERALIZATION OF TRADE IN GOODS
LIBERALIZING COMMITMENTS
LIBERALIZING TRADE
LIMITED ACCESS
MARKET ACCESS
MARKET ACCESS COMMITMENTS
MARKET FAILURES
MARKET STRUCTURES
MERCANTILISM
MFN
MFN EXEMPTIONS
MODES OF SUPPLY
MONEY LAUNDERING
MULTILATERAL AGREEMENT
MULTILATERAL DEVELOPMENT
MULTILATERAL LIBERALIZATION
MULTILATERAL NEGOTIATIONS
MULTILATERAL RULES
MULTILATERAL TRADE
MULTILATERAL TRADING SYSTEM
NATIONAL TREATMENT
NATIONAL WELFARE
NATURAL PERSONS
NECESSARY REGULATORY
OPENNESS
OUTSOURCING
PER CAPITA INCOME
POLITICAL ECONOMY
POSITIVE EFFECTS
PRIVATIZATION
PRO-COMPETITIVE REGULATION
PROFESSIONAL SERVICES
PROVISION OF SERVICES
RECIPROCITY
RECOGNITION AGREEMENTS
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGULATOR
REGULATORS
REGULATORY AUTHORITIES
REGULATORY BODIES
REGULATORY CONSTRAINTS
REGULATORY MECHANISMS
REGULATORY REQUIREMENTS
REGULATORY STANDARDS
REMOTE AREAS
REVERSE AUCTION
SECURITY CONCERNS
SERVICE QUALITY
SERVICE SECTORS
SERVICES CONTEXT
SERVICES INDUSTRIES
SERVICES LIBERALIZATION
SERVICES MARKETS
SERVICES NEGOTIATIONS
SERVICES PROVIDERS
SERVICES SECTOR
SERVICES SECTORS
SERVICES SUPPLIERS
SERVICES TRADE
SKILLED WORKERS
SMALL ENTERPRISES
TARIFF EQUIVALENTS
TAX
TECHNICAL ASSISTANCE
TECHNOLOGICAL CHANGE
TECHNOLOGICAL CHANGES
TELECOMMUNICATIONS
TELECOMMUNICATIONS NETWORKS
TRADE AGREEMENTS
TRADE BARRIERS
TRADE FINANCE
TRADE IN SERVICES
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE REFORMS
TRADING PARTNERS
TRADING SYSTEM
TRANSACTION COSTS
TRANSACTIONS COSTS
TRANSITION ECONOMIES
TRANSPARENCY
TRANSPORT COSTS
TRANSPORT SERVICES
TRANSPORTATION SERVICES
TRAVEL SERVICES
UNILATERAL REFORMS
UNIVERSAL ACCESS
UNIVERSAL SERVICE
URUGUAY ROUND
VOTERS
WORLD ECONOMY
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
Hoekman, Bernard
Mattoo, Aaditya
Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services
relation Policy Research Working Paper; No. 4451
description This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for benefiting from market opening. The authors argue that prospects for multilateral services liberalization would be enhanced by making national treatment the objective of World Trade Organization services negotiations, thereby clarifying the scope of World Trade Organization commitments for regulators. Moreover, liberalization by smaller and poorer members of the World Trade Organization would be facilitated by complementary actions to strengthen regulatory capacity. If pursued as part of the operationalization of the World Trade Organization's 2006 Aid for Trade taskforce report, the World Trade Organization could become more relevant in promoting not just services liberalization but, more importantly, domestic reforms of services policies.
format Publications & Research :: Policy Research Working Paper
author Hoekman, Bernard
Mattoo, Aaditya
author_facet Hoekman, Bernard
Mattoo, Aaditya
author_sort Hoekman, Bernard
title Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services
title_short Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services
title_full Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services
title_fullStr Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services
title_full_unstemmed Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services
title_sort regulatory cooperation, aid for trade and the general agreement on trade in services
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/12/8890090/regulatory-cooperation-aid-trade-general-agreement-trade-services
http://hdl.handle.net/10986/7527
_version_ 1764402745112002560
spelling okr-10986-75272021-04-23T14:02:35Z Regulatory Cooperation, Aid for Trade and the General Agreement on Trade in Services Hoekman, Bernard Mattoo, Aaditya ACCESS TO SERVICE MARKETS ADVERSE EFFECT AGREEMENT ON TRADE AGRICULTURE ASYMMETRIC INFORMATION AUDITS AUTONOMY BANK REGULATION BARRIERS TO ENTRY BARRIERS TO INVESTMENT BEST MARKET BILATERAL APPROACH BUSINESS PRACTICE BUSINESS SERVICES CAPACITY BUILDING COLLATERAL COMMERCIAL PRESENCE COMPARATIVE ADVANTAGE COMPETITIVE MARKET COMPETITIVE MARKET STRUCTURES COMPETITIVENESS COMPETITIVENESS OF FIRMS CONCESSIONS CONSUMERS CORE BUSINESS COUNTRY MARKETS CRITICAL MASS CROSS-BORDER TRADE DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING COUNTRY MARKETS DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGIES DISTRIBUTION SERVICES DOHA DEVELOPMENT AGENDA DOMESTIC REGULATION DOMESTIC SUPPLY ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC OUTCOMES ECONOMIC PERFORMANCE ECONOMIC SITUATION ECONOMIC SIZE ECONOMIES OF SCALE ECONOMY-WIDE BENEFITS EFFECTIVE MARKET ACCESS EMERGING ECONOMIES EMERGING MARKETS ENERGY SERVICES ENFORCEMENT OF CONTRACTS EXPORT GROWTH EXPORT MARKETS EXPORT OPPORTUNITIES EXPORTERS EXPORTS EXTERNALITIES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SERVICES FIXED COSTS FOREIGN ENTRY FOREIGN EXCHANGE FOREIGN FIRMS FOREIGN INVESTORS FOREIGN MARKETS FOREIGN PROVIDERS FOREIGN SERVICES GATS GDP GLOBAL MARKETPLACE GLOBAL TRADE GROWTH RATE HOME COUNTRIES HOME COUNTRY IMPACT OF TRADE IMPERFECT COMPETITION IMPORTANCE OF SERVICES IMPORTING COUNTRY INCOME INCOMES INCUMBENT PROVIDER INDUSTRIAL COUNTRY INFORMATION SERVICES INFORMATION TECHNOLOGY INSTITUTIONAL CAPACITY INTANGIBLE INTERNATIONAL COOPERATION INTERNATIONAL MARKET INTERNATIONAL TRADE INTERNATIONAL TRADE IN SERVICES INTERNATIONAL TRANSACTIONS INTERNATIONAL TRANSACTIONS IN SERVICES INTERNATIONAL TRANSPORT INVESTMENT BARRIERS INVESTMENT CLIMATE INVESTMENT LIBERALIZATION ITC JOINT VENTURE LDCS LIBERALIZATION LIBERALIZATION OF TRADE LIBERALIZATION OF TRADE IN GOODS LIBERALIZING COMMITMENTS LIBERALIZING TRADE LIMITED ACCESS MARKET ACCESS MARKET ACCESS COMMITMENTS MARKET FAILURES MARKET STRUCTURES MERCANTILISM MFN MFN EXEMPTIONS MODES OF SUPPLY MONEY LAUNDERING MULTILATERAL AGREEMENT MULTILATERAL DEVELOPMENT MULTILATERAL LIBERALIZATION MULTILATERAL NEGOTIATIONS MULTILATERAL RULES MULTILATERAL TRADE MULTILATERAL TRADING SYSTEM NATIONAL TREATMENT NATIONAL WELFARE NATURAL PERSONS NECESSARY REGULATORY OPENNESS OUTSOURCING PER CAPITA INCOME POLITICAL ECONOMY POSITIVE EFFECTS PRIVATIZATION PRO-COMPETITIVE REGULATION PROFESSIONAL SERVICES PROVISION OF SERVICES RECIPROCITY RECOGNITION AGREEMENTS REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGULATOR REGULATORS REGULATORY AUTHORITIES REGULATORY BODIES REGULATORY CONSTRAINTS REGULATORY MECHANISMS REGULATORY REQUIREMENTS REGULATORY STANDARDS REMOTE AREAS REVERSE AUCTION SECURITY CONCERNS SERVICE QUALITY SERVICE SECTORS SERVICES CONTEXT SERVICES INDUSTRIES SERVICES LIBERALIZATION SERVICES MARKETS SERVICES NEGOTIATIONS SERVICES PROVIDERS SERVICES SECTOR SERVICES SECTORS SERVICES SUPPLIERS SERVICES TRADE SKILLED WORKERS SMALL ENTERPRISES TARIFF EQUIVALENTS TAX TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGE TECHNOLOGICAL CHANGES TELECOMMUNICATIONS TELECOMMUNICATIONS NETWORKS TRADE AGREEMENTS TRADE BARRIERS TRADE FINANCE TRADE IN SERVICES TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE REFORMS TRADING PARTNERS TRADING SYSTEM TRANSACTION COSTS TRANSACTIONS COSTS TRANSITION ECONOMIES TRANSPARENCY TRANSPORT COSTS TRANSPORT SERVICES TRANSPORTATION SERVICES TRAVEL SERVICES UNILATERAL REFORMS UNIVERSAL ACCESS UNIVERSAL SERVICE URUGUAY ROUND VOTERS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for benefiting from market opening. The authors argue that prospects for multilateral services liberalization would be enhanced by making national treatment the objective of World Trade Organization services negotiations, thereby clarifying the scope of World Trade Organization commitments for regulators. Moreover, liberalization by smaller and poorer members of the World Trade Organization would be facilitated by complementary actions to strengthen regulatory capacity. If pursued as part of the operationalization of the World Trade Organization's 2006 Aid for Trade taskforce report, the World Trade Organization could become more relevant in promoting not just services liberalization but, more importantly, domestic reforms of services policies. 2012-06-08T15:34:39Z 2012-06-08T15:34:39Z 2007-12 http://documents.worldbank.org/curated/en/2007/12/8890090/regulatory-cooperation-aid-trade-general-agreement-trade-services http://hdl.handle.net/10986/7527 English Policy Research Working Paper; No. 4451 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research