✦ LIBER ✦

Issues in the liberalization of trade in services

✍ Scribed by John Roberts

Publisher: John Wiley and Sons
Year: 2000
Tongue: English
Weight: 83 KB
Volume: 12
Category: Article
ISSN: 0954-1748
DOI: 10.1002/(sici)1099-1328(200003)12:2<257::aid-jid661>3.0.co;2-5

No coin nor oath required. For personal study only.

✦ Synopsis

International trade in commercial services is large and is growing as fast as merchandise trade. The liberalization of service sector activity, often characterized hitherto by incumbent monopolies, can produce major welfare gains. Reaching multilateral agreement in liberalizing services runs into problems of de®nition and quant-i®cation. The General Agreement on Trade in Services, though complex and partial in its coverage, has highlighted the importance of multilateral commitment in the pursuit of domestic reform. The agreement on basic telecommunications in particular has had a catalytic eect on domestic policy.

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