Services Trade Liberalization and Regulatory Reform : Re-invigorating International Cooperation

Hoekman, Bernard; Mattoo, Aaditya

dc.creator	Hoekman, Bernard
dc.creator	Mattoo, Aaditya
dc.date	2012-03-19T17:59:36Z
dc.date	2012-03-19T17:59:36Z
dc.date	2011-01-01
dc.date.accessioned	2023-02-17T20:50:39Z
dc.date.available	2023-02-17T20:50:39Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110103094557
dc.identifier	http://hdl.handle.net/10986/3290
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/243785
dc.description	Trade and investment in services are inhibited by a range of policy restrictions, but the best offers so far in the Doha negotiations are on average twice as restrictive as actual policy. They will generate no additional market opening. Regulatory concerns help explain the limited progress. This paper develops two proposals to enhance the prospects for both liberalization of services trade and regulatory reform. The first is for governments to create mechanisms ("services knowledge platforms") to bring together regulators, trade officials, and stakeholders to discuss services regulatory reform. Such mechanisms could identify reform priorities and opportunities for utilization of "aid for trade" resources, thereby putting in place the preconditions for future market opening. The second proposal is for a new approach to negotiations in the World Trade Organization, with a critical mass of countries that account for the bulk of services production agreeing to lock-in applied levels of protection and pre-committing to reform of policies affecting foreign direct investment and international movement for individual service providers -- two areas where current policy is most restrictive and potential benefits from liberalization are greatest. If these proposals cannot be fully implemented in the Doha time frame, then any Doha agreement could at least lay the basis for a forward-looking program of international cooperation along the proposed lines.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5517
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ABUSE
dc.subject	ACCOUNTING
dc.subject	ADVERSE CONSEQUENCES
dc.subject	AGRICULTURE
dc.subject	ASYMMETRIC INFORMATION
dc.subject	AUDITS
dc.subject	BEST PRACTICE
dc.subject	BRAIN DRAIN
dc.subject	BUSINESS ASSOCIATIONS
dc.subject	BUSINESS PROCESS OUTSOURCING
dc.subject	CAPITAL ADEQUACY
dc.subject	CD
dc.subject	CIRCULAR FLOW
dc.subject	COMMERCIAL PRESENCE
dc.subject	COMPARATIVE ADVANTAGE
dc.subject	COMPETITION FRAMEWORK
dc.subject	COMPETITION LAW
dc.subject	COMPETITION POLICIES
dc.subject	COMPETITIVENESS
dc.subject	COMPLETE LIBERALIZATION
dc.subject	CONFIDENCE
dc.subject	CONSULTING SERVICES
dc.subject	CONSUMERS
dc.subject	CRITICAL MASS
dc.subject	CROSS BORDER TRADE
dc.subject	CURRENT ACCOUNT SURPLUSES
dc.subject	DAMAGES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING COUNTRY
dc.subject	DEVELOPING ECONOMIES
dc.subject	DEVELOPMENT ASSISTANCE
dc.subject	DEVELOPMENT POLICY
dc.subject	DIRECT INVESTMENT
dc.subject	DISCRETION
dc.subject	DISTRIBUTION NETWORKS
dc.subject	DISTRIBUTION SERVICES
dc.subject	DOHA DEVELOPMENT AGENDA
dc.subject	DOMESTIC FIRMS
dc.subject	DOMESTIC REFORM
dc.subject	DOMESTIC REGULATION
dc.subject	ECONOMIC LAW
dc.subject	ECONOMIC ORDER
dc.subject	EFFECTIVE REGULATION
dc.subject	EMERGING MARKETS
dc.subject	ENERGY SERVICES
dc.subject	ENTRY BARRIERS
dc.subject	EXCHANGE RATE
dc.subject	EXPORT MARKETS
dc.subject	EXPORTS
dc.subject	EXTERNALITIES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL SERVICES
dc.subject	FOREIGN BANKS
dc.subject	FOREIGN COMPETITION
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN ENTRY
dc.subject	FOREIGN FIRMS
dc.subject	FOREIGN MARKETS
dc.subject	FOREIGN PROVIDERS
dc.subject	FOREIGN SERVICE PROVIDERS
dc.subject	FOREIGN SERVICES
dc.subject	FOREIGN SUPPLIERS
dc.subject	FOREIGN TRADE
dc.subject	GATS
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GLOBAL GOVERNANCE
dc.subject	GLOBAL TRADE
dc.subject	GOVERNMENT EXPENDITURES
dc.subject	GOVERNMENT OFFICIALS
dc.subject	HOME COUNTRY
dc.subject	HUMAN CAPITAL
dc.subject	INCOME
dc.subject	INDUSTRIAL COUNTRIES
dc.subject	INDUSTRIAL COUNTRY
dc.subject	INFORMATION SYSTEMS
dc.subject	INFORMATION TECHNOLOGIES
dc.subject	INFRASTRUCTURE INVESTMENTS
dc.subject	INITIATIVE
dc.subject	INNOVATIONS
dc.subject	INSURANCE
dc.subject	INSURANCE COMPANIES
dc.subject	INTERNATIONAL COMPETITION
dc.subject	INTERNATIONAL COOPERATION
dc.subject	INTERNATIONAL TRADE
dc.subject	INTERNATIONAL TRADE IN SERVICES
dc.subject	INTERNATIONAL TRANSPORT
dc.subject	KEY INDUSTRIES
dc.subject	KNOWLEDGE ECONOMY
dc.subject	KNOWLEDGE RESOURCES
dc.subject	LAWYERS
dc.subject	LEARNING
dc.subject	LEGAL SYSTEM
dc.subject	LIBERALIZING COMMITMENTS
dc.subject	LIBERALIZING TRADE
dc.subject	MANUFACTURING INDUSTRIES
dc.subject	MARKET ACCESS
dc.subject	MARKET ACCESS COMMITMENTS
dc.subject	MARKET ACCESS OPPORTUNITIES
dc.subject	MARKET FAILURES
dc.subject	MFN
dc.subject	MFN EXEMPTIONS
dc.subject	MINISTERS
dc.subject	MODES OF SUPPLY
dc.subject	MOVEMENT OF NATURAL PERSONS
dc.subject	MULTILATERAL TRADE
dc.subject	NATIONAL TREATMENT
dc.subject	NATIONAL WELFARE
dc.subject	NATURAL MONOPOLY
dc.subject	NATURAL PERSONS
dc.subject	OLIGOPOLY
dc.subject	OPEN MARKETS
dc.subject	OUTSOURCING
dc.subject	PARTICULAR COUNTRY
dc.subject	PER CAPITA INCOME
dc.subject	POLITICAL ECONOMY
dc.subject	PREFERENTIAL
dc.subject	PRESENCE OF NATURAL PERSONS
dc.subject	PROCOMPETITIVE REGULATION
dc.subject	PROCUREMENT
dc.subject	PRODUCTIVITY GROWTH
dc.subject	PROFESSIONAL SERVICES
dc.subject	PROTECTIONISM
dc.subject	PUBLIC INFORMATION
dc.subject	RECOGNITION AGREEMENTS
dc.subject	REFORM PROGRAMS
dc.subject	REGIONAL INTEGRATION
dc.subject	REGIONAL INTEGRATION AGREEMENTS
dc.subject	REGIONAL TRADE
dc.subject	REGULATOR
dc.subject	REGULATORS
dc.subject	REGULATORY AGENCIES
dc.subject	REGULATORY AUTHORITIES
dc.subject	REGULATORY BARRIERS
dc.subject	REGULATORY FRAMEWORKS
dc.subject	REGULATORY PRINCIPLES
dc.subject	REGULATORY REFORM
dc.subject	REGULATORY REGIME
dc.subject	REGULATORY RESTRICTIONS
dc.subject	REGULATORY STANDARDS
dc.subject	REGULATORY SYSTEMS
dc.subject	REVERSE AUCTION
dc.subject	SATELLITES
dc.subject	SAVINGS
dc.subject	SECURITY CONCERNS
dc.subject	SERVICE ACTIVITIES
dc.subject	SERVICE DELIVERY
dc.subject	SERVICE SECTOR
dc.subject	SERVICE SECTORS
dc.subject	SERVICE SUPPLIER
dc.subject	SERVICE SUPPLIERS
dc.subject	SERVICES ACTIVITIES
dc.subject	SERVICES AGREEMENTS
dc.subject	SERVICES CONTEXT
dc.subject	SERVICES INDUSTRIES
dc.subject	SERVICES INPUTS
dc.subject	SERVICES LIBERALIZATION
dc.subject	SERVICES MARKETS
dc.subject	SERVICES NEGOTIATIONS
dc.subject	SERVICES PROVIDERS
dc.subject	SERVICES REGULATION
dc.subject	SERVICES SECTOR
dc.subject	SERVICES SECTORS
dc.subject	SERVICES SUPPLIERS
dc.subject	SERVICES TRADE
dc.subject	SINGLE MARKET
dc.subject	TECHNICAL ASSISTANCE
dc.subject	TECHNOLOGY TRANSFER
dc.subject	TELECOMMUNICATION
dc.subject	TELECOMMUNICATIONS
dc.subject	TELECOMS
dc.subject	TRADE BARRIERS
dc.subject	TRADE IN SERVICES
dc.subject	TRADE LIBERALIZATION
dc.subject	TRADE NEGOTIATIONS
dc.subject	TRADE POLICIES
dc.subject	TRADE POLICY
dc.subject	TRADE RESTRICTIONS
dc.subject	TRADING PARTNERS
dc.subject	TRADING SYSTEM
dc.subject	TRANSACTION COSTS
dc.subject	TRANSACTIONS COSTS
dc.subject	TRANSPARENCY
dc.subject	TRANSPORT SERVICES
dc.subject	UNEMPLOYMENT
dc.subject	UNIVERSAL ACCESS
dc.subject	UNIVERSAL ACCESS FUNDS
dc.subject	URUGUAY ROUND
dc.subject	WORLD TRADE
dc.subject	WORLD TRADE ORGANIZATION
dc.subject	WTO
dc.title	Services Trade Liberalization and Regulatory Reform : Re-invigorating International Cooperation
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region