Management of capital inflows has unexpectedly become a major challenge in transition economies. These countries were expected to have an insatiable demand for foreign capital, and an excess demand for capital inflows was, therefore, predicted by most observers. Foreign investors are also known...

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...

The Panel was established in April 2012 to examine and analyse challenges to global trade opening in the 21st century. It met three times, in May 2012, September 2012, and January 2013. The Panel also engaged in consultations and discussions with various stakeholders. Meetings took place in...