This paper analyses the results of the financial services negotiations under the General Agreement on Trade in Services (GATS) at the World Trade Organization (WTO). It shows that the negotiations have contributed to more stable and transparent policy regimes in many developing and transition...

This study argues that trade policies regarding financial services are an important—but often neglected—determinant of capital flows and financial sector stability. Financial services trade liberalisation which promotes the use of a broad spectrum of financial instruments and allows the...

This is a detailed guide on how to read WTO schedules of commitments for goods and services. The Schedules are part of the Legal Texts of the WTO Uruguay Round Agreements. They comprise about 27,000 pages of specific commitments by members of the WTO on market access conditions for their...