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Services have long been perceived as playing a secondary role in world trade. In particular, the role of services trade policies and multilateral services commitments often tends to be downplayed. However, in value added terms, services account for about 50% of world trade and are significant in...
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in Services (GATS) to commit to service sector policy reforms. They compare GATS commitments with the evolution of actual … policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS … commitments, the authors find an inverse relationship between the depth of GATS commitments and the "quality" of actual services …
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