Evaluating the Contributions of Regional Trade Agreements to Governance of Services Trade

Sherry Stephenson and Maryse Roberts
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Sherry Stephenson: Asian Development Bank Institute
Maryse Roberts: Asian Development Bank Institute

No 307, ADBI Working Papers from Asian Development Bank Institute

Abstract: Since the early 1990s, regional trade agreements (RTAs) covering trade in services have proliferated, with 95 RTAs on services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS), as of June 2011. This paper discusses how RTAs support or debilitate the GATS in its governance function as the keeper of rules and liberalization commitments on services trade for WTO members. It addresses this question and its implications for governance by focusing on four different issues: architecture; compliance; ability to promote reforms; and actual impact of RTAs in fostering services trade.

Keywords: regional trade agreements; gats; political economy; trade in services; wto; multilateralizing regionalism (search for similar items in EconPapers)
JEL-codes: F13 F15 F59 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2011-08-30
New Economics Papers: this item is included in nep-his and nep-sea
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