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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...
Persistent link: https://www.econbiz.de/10011992775
initiatives reinforce the global services regime. This paper proposes an amendment of the current GATS Article V to define the …
Persistent link: https://www.econbiz.de/10011281475
The water in the General Agreement on Trade in Services (GATS) refers to the difference between the bound level of … trade restrictiveness permitted by the GATS and the actual trade regime. Using the OECD Services Trade Restrictiveness Index … (STRI), this report provides estimates of the water in 15 service sectors for 40 countries. The level of water in GATS …
Persistent link: https://www.econbiz.de/10011403609
Persistent link: https://www.econbiz.de/10003979764
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We estimate the potential for trade in services in a 2-step approach using a gravity model for a sample of bilateral service trade flows in individual service categories between 65 countries over the period 2000 to 2005. In particular, we focus on the Austrian economy's potential for untapped...
Persistent link: https://www.econbiz.de/10011391868
Advances in communication technology have led to a remarkable increase in the tradability of services, resulting in a substantial increase in offshoring of services over the last two decades. Research investigating how this surge in service offshoring affects employment, has been largely...
Persistent link: https://www.econbiz.de/10011642664
Services are an important part of global economic activity and of international trade. Nevertheless, compared to its very large tourism sector, the sector of high-end business services in Thailand remains small. As IT and information, and professional services are traded indirectly through value...
Persistent link: https://www.econbiz.de/10012421217
Services is the fastest-growing sector of today's global economy and trade in services is the most dynamic segment of world trade. However, its potential remains constrained by a variety of barriers: trade costs are estimated to be almost double those in goods, and more than 40% of trade costs...
Persistent link: https://www.econbiz.de/10012621400