TY  - BOOK
AU  - McDonald,Brad J.
AU  - Bannister,Geoffrey J.
AU  - McDonald,Brad J.
AU  - Sorsa,Piritta
AU  - Tamirisa,Natalia T.
AU  - Wieczorek,Jaroslaw
TI  - Trade Policy in Financial Services
T2  - IMF Working Papers; Working Paper
SN  - 1451845014 :
SN  - 1018-5941
PY  - 2000///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Commercial Presence
KW  - imf
KW  - Cross-Border Trade
KW  - Financial Sector
KW  - Financial Services
KW  - Gats
KW  - Services Trade
KW  - Chile
KW  - Kenya
KW  - Korea, Republic of
KW  - Portugal
KW  - United States
N2  - This paper reviews the economics of trade policy in financial services, highlighting differences between trade across borders and through commercial presence. Trade liberalization could complement other financial reforms by enhancing the efficiency, quality, and variety of financial services and by encouraging improvement of financial regulations and practices. However, it raises sectoral, strategic, and cultural concerns. The design of trade policy should therefore emphasize the nexus with the macroeconomic framework and other financial sector policies, especially prudential and capital account regulations. It should also differentiate between types of trade. National reforms should be coordinated with multilateral trade agreements and initiatives on international financial architecture
UR  - http://elibrary.imf.org/view/IMF001/07474-9781451845013/07474-9781451845013/07474-9781451845013.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451845013
ER  -