This study argues that trade policies regarding financial services are an important-but typically 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 paper is concerned with the measurement of tariff and non-tariff barriers for use in quantitative analysis of commercial policies. Non-tariff measures are defined and classified, and the measurement of their effects is discussed. This includes a review of the inventory approach, under which...

This paper tries to assess quantitatively the role of electronic commerce in economic activity and in trade and tariff revenue collection. The share of value added that potentially lends itself to electronic trade represents around 30 percent of GDP, most importantly distribution, finance and...