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This report examines services schedules of commitments in 56 regional trade agreements (RTAs) where an OECD country is a party. The preferential content of RTAs is assessed through an analysis of market access and national treatment commitments at the level of the 155 sub-sectors of the General...
Persistent link: https://www.econbiz.de/10008752413
The search for balanced, sustainable growth clearly involves the unwinding of large and persistent global imbalances. Much of the attention in the rebalancing debate has centred on how shifts in monetary and fiscal policies affect current account imbalances. This paper goes beyond macroeconomic...
Persistent link: https://www.econbiz.de/10010555560
Do the services commitments that countries have made in their post-Uruguay Round regional trade agreements (RTAs) indicate the types of concessions that they would be willing to multilateralise in the General Agreement on Trade in Services (GATS)? While there are important legal and economic...
Persistent link: https://www.econbiz.de/10009003227
The number of Regional Trade Agreements (RTAs) have increased markedly over the last decade, with many addressing market openness and rule-making for services trade. Recent RTAs are breaking down existing barriers: on average, removing between 10% and 40% of services restrictions present in the...
Persistent link: https://www.econbiz.de/10012630387
Rules affecting digital trade are complex and spread across a diverse set of issues and fora. This paper provides an inventory of existing rules, standards, and principles related to issues that are being discussed in the context of the Joint Statement Initiative (JSI) at the WTO, highlighting...
Persistent link: https://www.econbiz.de/10012630477
Services play a more important role in trade and employment in the United Kingdom than in most other OECD countries. The UK services sector is supported by an open and transparent trade regime, policies that support competition and innovation, and regulatory transparency that facilitates the...
Persistent link: https://www.econbiz.de/10012801197
Services have become significantly more tradable in the first two decades of the 21st century. This paper documents that trade costs for financial services, communication services and business services fell by between 30% and 60% between 2000 and 2019. Information and communication technology...
Persistent link: https://www.econbiz.de/10013457896
This study analyses the extent to which e-commerce provisions in existing RTAs can be multilateralised. E-commerce has been recognised as an important engine for growth and development, yet WTO negotiations in this area have yielded very little progress so far. Against the backdrop of WTO...
Persistent link: https://www.econbiz.de/10008457938
Countries embarking on trade negotiations are not only seeking increased market access, but also, reduced market opacity. This study distils the most progressive practices for promoting regulatory transparency in over one hundred regional trade agreements (RTAs) concluded by OECD and large...
Persistent link: https://www.econbiz.de/10011277107
The proliferation of preferential trade agreements has posed challenges for the multilateral trading system. But regional trade agreements (RTAs) also allow countries to develop and strengthen trade disciplines beyond what is possible at the multilateral level. In some instances, RTAs explore...
Persistent link: https://www.econbiz.de/10011277109