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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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The services sector not only is the largest and most important sector in developed economies, but in producing intermediate inputs for many sectors it influences the productivity, competitiveness and performance of large parts of the economy. Trade liberalisation and deregulation in the service...
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initiatives reinforce the global services regime. This paper proposes an amendment of the current GATS Article V to define the …
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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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