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Services Globalization in an Age of Insecurity: Rethinking Trade Cooperation

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dc.contributor.authorMattoo, Aaditya
dc.date.accessioned2018-09-13T21:25:34Z
dc.date.available2018-09-13T21:25:34Z
dc.date.issued2018-09
dc.description.abstractDecades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for liberalization. This paper makes four points. First, current trade disciplines are a useful but inadequate restraint on regulatory protection. Second, proposed disciplines on domestic regulation would add value but would not solve problems with the application of existing trade law and could create a hold-back problem in securing new liberalizing commitments. Third, insulating domestic consumers from international market failure is a precondition for further liberalization in many services sectors, and the relevant international bargain needs to be an exchange of regulatory commitments by exporters in return for market access commitments by importers. Fourth, such bargains create a risk of exclusion for nonparticipants that can and should be addressed. The paper illustrates these arguments drawing upon recent developments relating to data privacy, financial services, labor mobility, and competition policy.en
dc.identifierhttp://documents.worldbank.org/curated/en/340741536670011626/Services-Globalization-in-an-Age-of-Insecurity-Rethinking-Trade-Cooperation
dc.identifier.doi10.1596/1813-9450-8579
dc.identifier.urihttps://hdl.handle.net/10986/30423
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8579
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectSERVICES TRADE
dc.subjectGATS
dc.subjectTRADE AGREEMENT
dc.subjectCOOPERATION
dc.subjectREGULATION
dc.subjectGENERAL AGREEMENT ON TRADE IN SERVICES
dc.subjectGLOBALIZATION
dc.subjectTRADE LIBERALIZATION
dc.subjectDATA PRIVACY
dc.titleServices Globalization in an Age of Insecurityen
dc.title.subtitleRethinking Trade Cooperationen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleServices Globalization in an Age of Insecurity: Rethinking Trade Cooperation
okr.date.disclosure2018-09-11
okr.date.doiregistration2025-04-07T08:20:54.185164Z
okr.date.doiregistration2025-04-08T16:09:46.058252Z
okr.date.doiregistration2025-04-09T02:57:55.541306Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/340741536670011626/Services-Globalization-in-an-Age-of-Insecurity-Rethinking-Trade-Cooperation
okr.guid340741536670011626
okr.identifier.doi10.1596/1813-9450-8579
okr.identifier.doihttps://doi.org/10.1596/1813-9450-8579
okr.identifier.externaldocumentum090224b0860d777d_1_0
okr.identifier.internaldocumentum30411851
okr.identifier.reportWPS8579
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/340741536670011626/pdf/WPS8579.pdfen
okr.statistics.combined1801
okr.statistics.dr340741536670011626
okr.statistics.drstats1419
okr.topicFinance and Financial Sector Development::E-Finance and E-Security
okr.topicInformation and Communication Technologies::Information Security & Privacy
okr.topicInternational Economics and Trade::Globalization and Financial Integration
okr.topicInternational Economics and Trade::Trade Liberalization
okr.topicInternational Economics and Trade::Trade and Services
okr.unitDevelopment Research Group, Development Economics
relation.isAuthorOfPublication1e63409b-8428-4de9-8942-70e823b051f4
relation.isAuthorOfPublication.latestForDiscovery1e63409b-8428-4de9-8942-70e823b051f4
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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