International Trade in Services: More than Meets the Eye

L. White
{"title":"International Trade in Services: More than Meets the Eye","authors":"L. White","doi":"10.1002/9780470757697.CH17","DOIUrl":null,"url":null,"abstract":"In this paper I present an overview of international trade in financial services. Though often intangible and \"invisible\", trade in services is important, accounting for almost a fifth of total world trade in 2000; and trade in services has been growing in both absolute and relative terms, thoughgrowth was more rapid in the 1980s than in the 1990s. The international negotiating framework for reducing barriers to trade in services the General Agreement on Trade in Services (GATS) came into existence in 1995, as part of the World Trade Organization (WTO). The GATS has thus far had only limited success in achieving reductions in barriers to trade in services, though a negotiating round among member countries is currently under way. This slow progress is largelydue to the extensive national regulation that frequently surrounds services and the entry (and trade) barriers that are often part of that regulation. The structure of the GATS document itself, as well as the WTO's post-Seattle defensiveness, reflects the political sensitivity of these national regulatory issues; but this sensitivity, unfortunately, has impeded progress in reducing trade barriers.","PeriodicalId":124312,"journal":{"name":"New York University Stern School of Business Research Paper Series","volume":"86 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2002-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"New York University Stern School of Business Research Paper Series","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1002/9780470757697.CH17","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 4

Abstract

In this paper I present an overview of international trade in financial services. Though often intangible and "invisible", trade in services is important, accounting for almost a fifth of total world trade in 2000; and trade in services has been growing in both absolute and relative terms, thoughgrowth was more rapid in the 1980s than in the 1990s. The international negotiating framework for reducing barriers to trade in services the General Agreement on Trade in Services (GATS) came into existence in 1995, as part of the World Trade Organization (WTO). The GATS has thus far had only limited success in achieving reductions in barriers to trade in services, though a negotiating round among member countries is currently under way. This slow progress is largelydue to the extensive national regulation that frequently surrounds services and the entry (and trade) barriers that are often part of that regulation. The structure of the GATS document itself, as well as the WTO's post-Seattle defensiveness, reflects the political sensitivity of these national regulatory issues; but this sensitivity, unfortunately, has impeded progress in reducing trade barriers.
国际服务贸易:不只是表面现象
在本文中,我提出了金融服务国际贸易的概述。虽然服务贸易往往是无形的和“看不见的”,但它很重要,2000年几乎占世界贸易总额的五分之一;服务贸易在绝对和相对方面都在增长,尽管80年代的增长比90年代要快。减少服务贸易壁垒的国际谈判框架《服务贸易总协定》(GATS)作为世界贸易组织(WTO)的一部分于1995年成立。到目前为止,服务贸易总协定在减少服务贸易壁垒方面只取得了有限的成功,尽管成员国之间正在进行一轮谈判。这种缓慢的进展很大程度上是由于广泛的国家监管经常围绕服务和进入(和贸易)壁垒,往往是监管的一部分。服务贸易总协定文件本身的结构,以及世贸组织在西雅图之后的辩护,反映了这些国家监管问题的政治敏感性;但不幸的是,这种敏感性阻碍了减少贸易壁垒的进程。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术官方微信