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The paper has three purposes. First, it explains how the impact of liberalization of service sectors on output growth differs from that of liberalization of trade in goods. Second, it suggests a policy-based rather than outcome-based measure of the openness of a country’s services regime. Such...
Persistent link: https://www.econbiz.de/10009392049
(GATS) at the World Trade Organization (WTO). It shows that the negotiations have contributed to more stable and transparent …
Persistent link: https://www.econbiz.de/10010227581
Countries that fully liberalize their telecommunications and financial services sectors may be able to expect economic growth rates up to 1.5 percentage points higher than rates in other countries. Mattoo, Rathindran, and Subramanian explain how the output growth effect from liberalizing the...
Persistent link: https://www.econbiz.de/10012748654
Production and Trade in Value- Added: Developing New Measures of Cross Border Trade', held at the World Bank in Washington, DC … challenges towards the measurement of trade in value-added terms. Chapter three highlights the importance of measuring trade in … international IO database. Chapter eleven gives direct measurement for collecting product- and firm-level statistics on value added …
Persistent link: https://www.econbiz.de/10012559932
(GATS) at the World Trade Organization (WTO). It shows that the negotiations have contributed to more stable and transparent …
Persistent link: https://www.econbiz.de/10010330189
(GATS) at the World Trade Organization (WTO). It shows that the negotiations have contributed to more stable and transparent …
Persistent link: https://www.econbiz.de/10011115007
"There is a fundamental shift taking place in the world economy to which the multilateral trading system has failed to … interests largely in the rich countries, is running out of steam; (ii) the world economy is moving broadly from conditions of … commonality of interests and scope for give-and-take on these new issues make multilateral cooperation worth attempting. "--World …
Persistent link: https://www.econbiz.de/10003759260
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