Liberalizing Trade in Services: Negociations and Regulatory Reforms

Patrick Messerlin () and Bernard Hoekman
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Patrick Messerlin: ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique

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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.

Date: 2000
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Published in Pierre Sauvé; Robert Stern. GATS 2000 : new directions in services trade liberalization, Brookings Institution Press; Harvard University Press, pp.487 - 509, 2000, 9780815777175

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Working Paper: Liberalizing Trade in Services: Negociations and Regulatory Reforms (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03394064

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