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Regulatory Implications of Multilateral Trade Liberalisation for the Global Services Market: The Case of the Trade in Services Agreement (TiSA)

dc.contributor.authorGiovanni Di Lieto
dc.contributor.authorDavid Treisman
dc.date.accessioned2019-01-30T17:06:38Z
dc.date.available2019-01-30T17:06:38Z
dc.date.issued2018-12-10
dc.identifier.issn2233-9140
dc.identifier.urihttp://hdl.handle.net/11540/9418
dc.description.abstractBilateral commitments on the liberalisation of services markets typically build upon those made by individual countries in the World Trade Organization (WTO) under the General Agreement of Trade in Services (GATS). These commitments usually guarantee a noodle bowl of preferential market access, but not much in the way of regulatory harmonisation for globalised services industries. This study aims to investigate the normative and economic implications of multilateral market openings and regulatory harmonisation of the global services sectors beyond the bilateral and WTO/GATS frameworks. The mobile communications industry serves as the initial benchmark analysis in order to empirically assess whether the multilateral liberalisation of the global services market can potentially respond more effectively to the growing transnational competition in production inputs, consumption outputs, and capital attraction in a broader pool of service-oriented economies. Ultimately, this study argues that the multilateral opening of the global services market is on balance beneficial to the domestic services industries, and as such the WTO/GATS framework can be superseded by further economic integration and regulatory harmonisation in future multilateral trade agreements currently under negotiation, such as the Trade in Services Agreement (TiSA).
dc.languageEnglish
dc.publisherKorea Institute for International Economic Policy
dc.titleRegulatory Implications of Multilateral Trade Liberalisation for the Global Services Market: The Case of the Trade in Services Agreement (TiSA)
dc.typeBriefs
dc.subject.expertFree Trade
dc.subject.expertTrade Facilitation
dc.subject.expertTrade
dc.subject.expertEconomic integration
dc.subject.expertRegional Economic Integration
dc.subject.expertIntraregional Trade
dc.subject.expertMacroeconomic
dc.subject.expertMacroeconomic Analysis
dc.subject.expertMacroeconomic Framework
dc.subject.expertMacroeconomic Models
dc.subject.expertMacroeconomic Performance
dc.subject.expertMacroeconomic Planning
dc.subject.expertMacroeconomic Policies
dc.subject.expertMacroeconomic Reform
dc.subject.expertMacroeconomic Stabilization
dc.subject.adbEconomic planning
dc.subject.adbEconomic structure
dc.subject.adbGrowth policy
dc.subject.adbTrade relations
dc.subject.adbTrade policy
dc.subject.adbTrade policy
dc.subject.adbEconomic development
dc.subject.adbEconomies in transition
dc.subject.adbInternational economy
dc.subject.adbBorder integration
dc.subject.adbEconomic integration
dc.subject.adbGross domestic product
dc.subject.adbTrade policy
dc.subject.adbTrade Regulations
dc.subject.adbExchange Rate
dc.subject.naturalRegional economics
dc.subject.naturalEconomic forecasting
dc.subject.naturalEconomic development projects
dc.subject.naturalSuccess in business
dc.subject.naturalBusiness
dc.subject.naturalFree trade
dc.subject.naturalBusiness
dc.subject.naturalEconomics
dc.subject.naturalCommunication in economic development
dc.subject.naturalRestraint of trade
dc.subject.naturalInternational economic integration
dc.subject.naturalTrade blocs
dc.subject.naturalEast-West
dc.title.seriesKIEP World Economy Brief
dc.title.volumeVol. 8 No. 33
dc.contributor.imprintKorea Institute for International Economic Policy
oar.themeTrade
oar.themeEconomics
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-008961
oar.authorLieto, Giovanni Di
oar.authorTreisman, David
oar.importTRUE
oar.googlescholar.linkpresenttrue


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