Regional Agreements and Trade in Services [electronic resource] / Mattoo, Aaditya
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TextPublication details: Washington, D.C., The World Bank, 2002Description: 1 online resource (38 p.)Subject(s): Benefits | Choice | Competition | Competitive Advantage | Competitive Markets | Consumer Choice | Consumers | Costs | Debt Markets | Economic Theory and Research | Emerging Markets | Finance and Financial Sector Development | Free Trade | Goods | International Economics & Trade | Law and Development | Macroeconomics and Economic Growth | Markets | Markets and Market Access | National Income | Private Sector Development | Production | Public Sector Corruption and Anticorruption Measures | Public Sector Development | Revenue | Sunk Costs | Trade | Trade and Regional Integration | Trade and Services | Trade Diversion | Trade Law | Trade Policy | Value | WelfareAdditional physical formats: Mattoo, Aaditya.: Regional Agreements and Trade in Services.Online resources: Click here to access online Abstract: Every major regional trade agreement now has a services dimension. Is trade in services so different that there is need to modify the conclusions on preferential agreements pertaining to goods reached so far? Mattoo and Fink first examine the implications of unilateral policy choices in a particular services market. They then explore the economics of international cooperation and identify the circumstances in which a country is more likely to benefit from cooperation in a regional rather than multilateral forum. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to assess the implications of liberalizing trade in services. The authors may be contacted at amattoo@worldbank.org or cfink@worldbank.org.
Every major regional trade agreement now has a services dimension. Is trade in services so different that there is need to modify the conclusions on preferential agreements pertaining to goods reached so far? Mattoo and Fink first examine the implications of unilateral policy choices in a particular services market. They then explore the economics of international cooperation and identify the circumstances in which a country is more likely to benefit from cooperation in a regional rather than multilateral forum. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to assess the implications of liberalizing trade in services. The authors may be contacted at amattoo@worldbank.org or cfink@worldbank.org.
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