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Trade Facilitation in Services: A Conceptual and Empirical Analysis

Ian John Douglas Gillson, Martin Molinuevo and Juan Sebastian Saez

No 9233, Policy Research Working Paper Series from The World Bank

Abstract: Beyond their key contribution to value chains in all sectors, services represent a centrally important source of economic and export diversification. This paper discusses how to promote trade in services as a channel for growth, employment, and diversification by assessing services trade costs and identifying policies that contribute to their reduction: a concept termed trade facilitation in services. It summarizes the latest research on the costs facing trade in services beyond discriminatory market access and national treatment and finds that these are high. It proposes measures that could fall under the scope of a potential trade facilitation in services agenda, namely: (i) streamlining processes and procedures used in administering regulatory policies aside from the policy itself, (ii) improving access to information on regulatory policies (that is, transparency), and (iii) boosting the efficiency of governance structures for regulators that set policies affecting trade in services.

Keywords: International Trade and Trade Rules; Trade Facilitation; Trade and Services; Business Cycles and Stabilization Policies; Construction Industry; Common Carriers Industry; Food&Beverage Industry; General Manufacturing; Textiles; Apparel&Leather Industry; Plastics&Rubber Industry; Pulp&Paper Industry; Rules of Origin; Trade Policy; Trade and Multilateral Issues (search for similar items in EconPapers)
Date: 2020-05-07
New Economics Papers: this item is included in nep-int
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