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The Importance of Measuring the Delivery of Services via Commercial Presence of Offshore Foreign Affiliates: Some Case Studies from Australian Business Experience

dc.contributor.authorJane Drake-Brockman
dc.date.accessioned2015-04-10T10:17:13Z
dc.date.available2015-04-10T10:17:13Z
dc.date.issued2011-07-15
dc.identifier.urihttp://hdl.handle.net/11540/3883
dc.description.abstractThere are major difficulties associated with measurement of each of the four modes of services trade delivery as defined in the General Agreement on Trade in Services (GATS): cross-border supply, consumption abroad, commercial presence, and movement of natural persons. The consequence is that the extent of global trade in services is hugely underestimated and the services sector does not receive the trade and economic policy attention it deserves. The global economy meanwhile misses out on the productivity gains that focused reform of services sectors could generate. Australia is one of the world’s most services-intensive economies. Of the 20 largest world economies, Australia’s is fourth only to the United States, United Kingdom, and France in services. This means Australia’s future economic growth will be substantially determined by improvements in productivity and competitiveness in services. Just a small rise of 0.1% in services sector productivity would result in a sustained annual rise of over A$1 billion in Australia’s gross domestic product. But the services sector does not receive the policy focus these economic fundamentals would justify. This is largely because the balance of payments data measures Australia’s services exports at less than 25% of total exports, consistent with World Trade Organization estimates that services account for roughly 20% of world trade. In Australia’s case, sufficient business survey work has been done to leave no remaining doubt that the balance of payments data have needed to be both improved in their own right as well as supplemented with foreign affiliates’ trade in services (FATS) data to shed greater light on the services sector’s share in international business. This paper highlights recent business case studies in Australia, which demonstrates the importance of intensifying official efforts to enhance collections of services export data and to measure specifically Mode 3 (Commercial Presence) delivery of international services. The studies are drawn chiefly from legal services and financial services but also cover the information and communication technology and architecture/building design sectors. This paper focuses on some of the problems commonly experienced in relation to statistics regarding international trade in services. It deals moreover only with case studies drawn from Australian business experience; and refers to practices and collections of the Australian Bureau of Statistics (ABS).
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleThe Importance of Measuring the Delivery of Services via Commercial Presence of Offshore Foreign Affiliates: Some Case Studies from Australian Business Experience
dc.typeWorking Papers
dc.subject.expertProject Evaluation & Review Technique
dc.subject.expertOperations Evaluation
dc.subject.expertEvaluation
dc.subject.expertWorld Trade
dc.subject.expertTrade Volume
dc.subject.expertTrade Promotion
dc.subject.expertTrade Flows
dc.subject.expertTrade Development
dc.subject.expertPatterns Of Trade
dc.subject.adbResources evaluation
dc.subject.adbInput output analysis
dc.subject.adbImport volume
dc.subject.adbExport volume
dc.subject.adbExport Development
dc.subject.adbEconomic agreements
dc.subject.adbInternational market
dc.subject.adbImport policy
dc.subject.adbExport policy
dc.subject.naturalParticipatory monitoring and evaluation
dc.subject.naturalParticipative management
dc.subject.naturalForeign trade routes
dc.subject.naturalTrade routes
dc.subject.naturalForeign trade and employment
dc.title.seriesADBI Working Paper Series
dc.title.volume295
dc.contributor.imprintAsian Development Bank
oar.themeEvaluation
oar.themeTrade
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-004092
oar.authorDrake-Brockman, Jane
oar.importtrue
oar.googlescholar.linkpresenttrue


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    The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.

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