Services Trade Liberalization and Regulatory Reform : Re-invigorating International Cooperation

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dc.creatorHoekman, Bernard
dc.creatorMattoo, Aaditya
dc.date2012-03-19T17:59:36Z
dc.date2012-03-19T17:59:36Z
dc.date2011-01-01
dc.date.accessioned2026-07-01T01:09:53Z
dc.descriptionTrade and investment in services are inhibited by a range of policy restrictions, but the best offers so far in the Doha negotiations are on average twice as restrictive as actual policy. They will generate no additional market opening. Regulatory concerns help explain the limited progress. This paper develops two proposals to enhance the prospects for both liberalization of services trade and regulatory reform. The first is for governments to create mechanisms ("services knowledge platforms") to bring together regulators, trade officials, and stakeholders to discuss services regulatory reform. Such mechanisms could identify reform priorities and opportunities for utilization of "aid for trade" resources, thereby putting in place the preconditions for future market opening. The second proposal is for a new approach to negotiations in the World Trade Organization, with a critical mass of countries that account for the bulk of services production agreeing to lock-in applied levels of protection and pre-committing to reform of policies affecting foreign direct investment and international movement for individual service providers -- two areas where current policy is most restrictive and potential benefits from liberalization are greatest. If these proposals cannot be fully implemented in the Doha time frame, then any Doha agreement could at least lay the basis for a forward-looking program of international cooperation along the proposed lines.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110103094557
dc.identifierhttps://hdl.handle.net/10986/3290
dc.identifier10.1596/1813-9450-5517
dc.identifier.urihttp://hdl.handle.net/123456789/415742
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 5517
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectABUSE
dc.subjectACCOUNTING
dc.subjectADVERSE CONSEQUENCES
dc.subjectAGRICULTURE
dc.subjectASYMMETRIC INFORMATION
dc.subjectAUDITS
dc.subjectBEST PRACTICE
dc.subjectBRAIN DRAIN
dc.subjectBUSINESS ASSOCIATIONS
dc.subjectBUSINESS PROCESS OUTSOURCING
dc.subjectCAPITAL ADEQUACY
dc.subjectCD
dc.subjectCIRCULAR FLOW
dc.subjectCOMMERCIAL PRESENCE
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITION FRAMEWORK
dc.subjectCOMPETITION LAW
dc.subjectCOMPETITION POLICIES
dc.subjectCOMPETITIVENESS
dc.subjectCOMPLETE LIBERALIZATION
dc.subjectCONFIDENCE
dc.subjectCONSULTING SERVICES
dc.subjectCONSUMERS
dc.subjectCRITICAL MASS
dc.subjectCROSS BORDER TRADE
dc.subjectCURRENT ACCOUNT SURPLUSES
dc.subjectDAMAGES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT POLICY
dc.subjectDIRECT INVESTMENT
dc.subjectDISCRETION
dc.subjectDISTRIBUTION NETWORKS
dc.subjectDISTRIBUTION SERVICES
dc.subjectDOHA DEVELOPMENT AGENDA
dc.subjectDOMESTIC FIRMS
dc.subjectDOMESTIC REFORM
dc.subjectDOMESTIC REGULATION
dc.subjectECONOMIC LAW
dc.subjectECONOMIC ORDER
dc.subjectEFFECTIVE REGULATION
dc.subjectEMERGING MARKETS
dc.subjectENERGY SERVICES
dc.subjectENTRY BARRIERS
dc.subjectEXCHANGE RATE
dc.subjectEXPORT MARKETS
dc.subjectEXPORTS
dc.subjectEXTERNALITIES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SERVICES
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN COMPETITION
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN ENTRY
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN MARKETS
dc.subjectFOREIGN PROVIDERS
dc.subjectFOREIGN SERVICE PROVIDERS
dc.subjectFOREIGN SERVICES
dc.subjectFOREIGN SUPPLIERS
dc.subjectFOREIGN TRADE
dc.subjectGATS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL GOVERNANCE
dc.subjectGLOBAL TRADE
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT OFFICIALS
dc.subjectHOME COUNTRY
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINDUSTRIAL COUNTRIES
dc.subjectINDUSTRIAL COUNTRY
dc.subjectINFORMATION SYSTEMS
dc.subjectINFORMATION TECHNOLOGIES
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINITIATIVE
dc.subjectINNOVATIONS
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINTERNATIONAL COMPETITION
dc.subjectINTERNATIONAL COOPERATION
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRADE IN SERVICES
dc.subjectINTERNATIONAL TRANSPORT
dc.subjectKEY INDUSTRIES
dc.subjectKNOWLEDGE ECONOMY
dc.subjectKNOWLEDGE RESOURCES
dc.subjectLAWYERS
dc.subjectLEARNING
dc.subjectLEGAL SYSTEM
dc.subjectLIBERALIZING COMMITMENTS
dc.subjectLIBERALIZING TRADE
dc.subjectMANUFACTURING INDUSTRIES
dc.subjectMARKET ACCESS
dc.subjectMARKET ACCESS COMMITMENTS
dc.subjectMARKET ACCESS OPPORTUNITIES
dc.subjectMARKET FAILURES
dc.subjectMFN
dc.subjectMFN EXEMPTIONS
dc.subjectMINISTERS
dc.subjectMODES OF SUPPLY
dc.subjectMOVEMENT OF NATURAL PERSONS
dc.subjectMULTILATERAL TRADE
dc.subjectNATIONAL TREATMENT
dc.subjectNATIONAL WELFARE
dc.subjectNATURAL MONOPOLY
dc.subjectNATURAL PERSONS
dc.subjectOLIGOPOLY
dc.subjectOPEN MARKETS
dc.subjectOUTSOURCING
dc.subjectPARTICULAR COUNTRY
dc.subjectPER CAPITA INCOME
dc.subjectPOLITICAL ECONOMY
dc.subjectPREFERENTIAL
dc.subjectPRESENCE OF NATURAL PERSONS
dc.subjectPROCOMPETITIVE REGULATION
dc.subjectPROCUREMENT
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFESSIONAL SERVICES
dc.subjectPROTECTIONISM
dc.subjectPUBLIC INFORMATION
dc.subjectRECOGNITION AGREEMENTS
dc.subjectREFORM PROGRAMS
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL INTEGRATION AGREEMENTS
dc.subjectREGIONAL TRADE
dc.subjectREGULATOR
dc.subjectREGULATORS
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY BARRIERS
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREGULATORY PRINCIPLES
dc.subjectREGULATORY REFORM
dc.subjectREGULATORY REGIME
dc.subjectREGULATORY RESTRICTIONS
dc.subjectREGULATORY STANDARDS
dc.subjectREGULATORY SYSTEMS
dc.subjectREVERSE AUCTION
dc.subjectSATELLITES
dc.subjectSAVINGS
dc.subjectSECURITY CONCERNS
dc.subjectSERVICE ACTIVITIES
dc.subjectSERVICE DELIVERY
dc.subjectSERVICE SECTOR
dc.subjectSERVICE SECTORS
dc.subjectSERVICE SUPPLIER
dc.subjectSERVICE SUPPLIERS
dc.subjectSERVICES ACTIVITIES
dc.subjectSERVICES AGREEMENTS
dc.subjectSERVICES CONTEXT
dc.subjectSERVICES INDUSTRIES
dc.subjectSERVICES INPUTS
dc.subjectSERVICES LIBERALIZATION
dc.subjectSERVICES MARKETS
dc.subjectSERVICES NEGOTIATIONS
dc.subjectSERVICES PROVIDERS
dc.subjectSERVICES REGULATION
dc.subjectSERVICES SECTOR
dc.subjectSERVICES SECTORS
dc.subjectSERVICES SUPPLIERS
dc.subjectSERVICES TRADE
dc.subjectSINGLE MARKET
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTELECOMMUNICATION
dc.subjectTELECOMMUNICATIONS
dc.subjectTELECOMS
dc.subjectTRADE BARRIERS
dc.subjectTRADE IN SERVICES
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE NEGOTIATIONS
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE RESTRICTIONS
dc.subjectTRADING PARTNERS
dc.subjectTRADING SYSTEM
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT SERVICES
dc.subjectUNEMPLOYMENT
dc.subjectUNIVERSAL ACCESS
dc.subjectUNIVERSAL ACCESS FUNDS
dc.subjectURUGUAY ROUND
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleServices Trade Liberalization and Regulatory Reform : Re-invigorating International Cooperation

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