Trade in services is an increasingly important part of global trade and, as such, figures prominently in multilateral, regional and bilateral trade negotiations. In this volume of essays, academics, negotiators and experts from various international organizations explore the achievements of such negotiations, together with the challenges and opportunities which arise and the motivations that come into play in such negotiations. The contributions highlight issues in important services sectors, such as distribution, energy, finance, telecommunications, air transport and the postal and audiovisual sectors, as well as areas such as cross-border trade and government procurement. Case studies look into the experiences of specific countries. The focus on sector analysis and country experiences sheds light on the state of services liberalization and the regulation of international trade in services at the beginning of the twenty-first century, making this an indispensable guide to ongoing and future international negotiations on this topic.
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Foreword by Pascal Lamy
Summary and overview by Juan A. Marchetti and Martin Roy 1
Pt. I From Policy to Negotiations 19
1 Services trade and growth by Bernard Hoekman and Aaditya Mattoo 21
Pt. II Multilateral and Bilateral Negotiations on Services: Overall Perspectives 59
2 Services liberalization in the WTO and in PTAs by Juan A. Marchetti and Martin Roy 61
3 PTAs in services: friends or foes of the multilateral trading system? by Carsten Fink 113
Pt. III Challenges, Issues, and Opportunities in Services Sectors 149
4 Telecommunications: can trade agreements keep up with technology? by L. Lee Tuthill and Laura B. Sherman 151
5 The liberalization of cross-border trade in services: a developing country perspective by Sumanta Chaudhuri and Suparna Karmakar 184
6 Out of stock or just in time? Doha and the liberalization of distribution services by Martin Roy 224
7 Air transport liberalization: a world apart by Pierre Latrille 264
8 Financial services liberalization in the WTO and PTAs by Juan A. Marchetti 300
9 Beyond the main screen: audiovisual services in PTAs by Martin Roy 340
10 The liberalization of postal and courier services: ready for delivery? by Ruosi Zhang 378
11 The liberalization of energy services: are PTAs more energetic than the GATS? by Mireille Cossy 405
12 Market access for the government procurement of services: comparing recent PTAs with WTO achievements by Robert D. Anderson and Anna Caroline Muller 435