A Handbook of International Trade in Services

Aaditya Mattoo, Robert M. Stern, and Gianni Zanini

Comprehensive introduction to the key issues in the trade and liberalization of services
Provides a useful overview as well as more in-depth treatment of specific services, like health services, telecommunications, and the movement of people
Ideal reference for trade advisors, policymakers, and students

A Handbook of International Trade in Services

Aaditya Mattoo, Robert M. Stern, and Gianni Zanini

Description

International trade and investment in services are an increasingly important part of global commerce. Advances in information and telecommunication technologies have expanded the scope of services that can be traded cross-border. Many countries now allow foreign investment in newly privatized and competitive markets for key infrastructure services, such as energy, telecommunications, and transport. More and more people are travelling abroad to consume tourism, education, and medical services, and to supply services ranging from construction to software development. In fact, services are the fastest growing components of the global economy, and trade and foreign direct investment (FDI) in services have grown faster than in goods over the past decade and a half.

International transactions, however, continue to be impeded by policy barriers, especially to foreign investment and the movement of service-providing individuals. Developing countries in particular are likely to benefit significantly from further domestic liberalization and the elimination of barriers to their exports. In many instances, income gains from a reduction in protection to services may be far greater than from trade liberalization in goods.

In light of the increasing importance of international trade in services and the inclusion of services issues on the agendas of the multilateral, regional and bilateral trade negotiations, there is an obvious need to understand the economic implications of services trade and liberalization. A Handbook of International Trade in Services provides a comprehensive introduction to the subject, making it an essential reference for trade officials, policy advisors, analysts, academics, and students. Beginning with an overview on the key issues in trade in services and discussion of the GATS, the book then looks at trade negotiations in the service sector, the barriers to trade in services, and concludes by looking at a number of specific service sectors, such as financial services, e-commerce, health services, and the temporary movement of workers.

A Handbook of International Trade in Services

Aaditya Mattoo, Robert M. Stern, and Gianni Zanini

Part I. The Framework of Trade in Services
1:Overview, Aaditya Mattoo and Robert M. Stern
2:The GATS, Rudolf Adlung and Aaditya Mattoo
3:The Basic Economics of Services Trade, Brian Copeland and Aaditya Mattoo
Part II. Analyzing Trade in Services
4:Measuring Trade in Services, Andreas Maurer, Yann Marcus, Joscelyn Magdeleine, and Barbara d'Andrea
5:Empirical Analysis of Barriers to International Services Transactions and the Consequences of Liberalization, Alan V. Deardorff and Robert M. Stern
6:Regionalism in Services Trade, Aaditya Mattoo and Pierre Sauvé
Part III. Sectoral and Modal Analysis
7:Financial Services and International Trade Agreements: The Development Dimension, Wendy Dobson
8:Trade in Infrastructure Services: A Conceptual Framework, Philippa Dee and Christopher Findlay
9:Transport Services, Christopher Findlay
10:Trade in Telecommunications Services, Peter F. Cowhey and Jonathan D. Aronson
11:Trade in Health Services and the GATS, Richard Smith, Chantal Blouin, Nick Drager, and David P. Fidler
12:E-Commerce Regulation: New Game, New Rules?, Carlos S. Primo Braga
13:The Temporary Movement of Workers to Provide Services (GATS Mode 4), L. Alan Winters
Appendix. A Guide to Services Negotiations, Geza Feketekuty

A Handbook of International Trade in Services

Aaditya Mattoo, Robert M. Stern, and Gianni Zanini

Author Information

Aaditya Mattoo, Lead Economist, Development Research Group of the World Bank, Robert M. Stern, Professor of Economics and Public Policy (Emeritus), University of Michigan, and Gianni Zanini, Lead Economist and WBIPR Trade Program Leader, World Bank Institute

Contributors:

Rudolf Adlung, Trade in Services Division of the WTO Secretariat, World Trade Organization
Jonathan D. Aronson, University of Southern California
Chantal Blouin, Chercheure Principale, Commerce et Développement, Ottawa, Canada
Patricio Contreras, Office of the Comptroller of the Currency, Washington DC
Brian Copeland, University of British Columbia
Peter F. Cowhey, University of California, San Diego
Barbara d'Andrea, International Trade Statistics Section, WTO
Alan V. Deardorff, University of Michigan
Philippa Dee, Australian National University
Shantayanan Devarajan, Chief Economist, South Asia Region, World Bank
Wendy Dobson, University of Toronto
Nick Drager, Department of Ethics, Trade, Human Rights and Law, World Health Organization
Roberto Echandi, Small Economy Trade & Investment Center (SETIC), Diplomatic Institute, Ministry of Foreign Affairs of Costa Rica
Geza Feketekuty, Institute for Trade and Commercial Diplomacy
David P. Fidler, Indiana University School of Law
Christopher Findlay, University of Adelaide
Carsten Fink, International Trade Team, World Bank Institute, World Bank
Marc H. Juhel, Transport and Logistics Adviser, World Bank
Joscelyn Magdeleine, International Trade Statistics Section, WTO
Flávio Marega, Embassy of Brazil, Washington DC
Aaditya Mattoo, International Trade Group, Development Research Group World Bank
Andreas Maurer, International Trade Statistics Section, WTO
Yann Marcus, International Trade Statistics Section, WTO
Demetrios G. Papademetriou, Migration Policy Institute
Carlos S. Primo Braga, International Trade Department, World Bank
Thomas F. Rutherford, Ann Arbor, Michigan
Pierre Sauvé, London School of Economics and Political Science
Richard Smith, University of East Anglia
Sherry Stephenson, Department of Trade, Tourism and Competitiveness, Executive Secretariat for Integral Development (SEDI), Organization of American States (OAS)
Robert M. Stern, University of Michigan
David Tarr, Development Research Group, World Bank
Yan Wang, Trade Team, World Bank Institute
Obie Whichard, Bureau of Economic Analysis, U.S. Department of Commerce
L. Alan Winters, Development Research Group, World Bank
Gianni Zanini, World Bank Institute, World Bank