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Liberalizing Trade in Services: Negociations and Regulatory Reforms

Abstract : This paper discusses how the coming WTO negotiations on services might best be used to help achieve national economic objectives. It argues that a fundamental rule of thumb for policy should be to seek to achieve and maintain a uniform (across-the-board) set of incentives for economic activities and that to achieve this in the service sector context a high dose of unilateralism (autonomous action by governments) is needed. Central decision-makers cannot rely on the trade negotiating process to obtain an outcome that is welfare-improving for their economies. Strategic choices must be made to define and sequence the liberalization and reform process. A number of instruments which can assist governments in identifying and pursuing reform priorities are discussed, including multilateral negotiations.
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Submitted on : Friday, October 22, 2021 - 4:31:22 AM
Last modification on : Wednesday, October 27, 2021 - 4:17:34 PM

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  • HAL Id : hal-03394064, version 1
  • SCIENCESPO : 2441/8066

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Patrick Messerlin, Bernard Hoekman. Liberalizing Trade in Services: Negociations and Regulatory Reforms. Pierre Sauvé; Robert Stern. GATS 2000 : new directions in services trade liberalization, Brookings Institution Press; Harvard University Press, pp.487 - 509, 2000, 0815777175. ⟨hal-03394064⟩

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