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 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 current gloom and doom about goods trade has obscured the quiet resilience of services trade. Services account for over one fifth of global cross-border trade, and for some countries such as India and the United States close to a third of all exports. New data on cross-border trade from the...