World Bank2014-08-012014-08-012007-06https://hdl.handle.net/10986/19240Bilateral and regional free trade agreements (FTAs) are proliferating across the globe, fundamentally altering the governance of world trade. Many of the recently concluded FTAs are comprehensive in their coverage, seeking to not only dismantle barriers to trade in goods but also the liberalization of trade in services. What have FTAs in services actually accomplished? This paper offers an assessment of the new generation of services agreements that have been concluded in the East Asia region. Until recently, governments in this region had been hesitant to enter into bilateral or regional arrangements. Yet since the year 2000-when only one regional services agreement was in force-twenty-four agreements have been signed that include at least one party in East Asia. Additionally, around 40 FTAs are currently being negotiated in the region, which suggests an even more prominent role for FTAs in the future.en-USCC BY 3.0 IGOAGREEMENT ON TRADEAGRICULTURAL SUBSIDIESAGRICULTURAL TRADEAIR TRANSPORTARBITRAL PANELSBARGAINING POWERBENEFITS OF TRADEBILATERAL AGREEMENTSBILATERAL TRADEBILATERAL TRADE AGREEMENTSBILATERAL TREATIESBUSINESS SERVICESCOMMERCIAL PRESENCECOMMUNICATIONS SERVICESCONSUMPTION ABROADCROSS-BORDER SUPPLYCUSTOMSCUSTOMS UNIONDIFFERENTIAL TREATMENTDISPUTE SETTLEMENTDISPUTE SETTLEMENT MECHANISMSDOHA DEVELOPMENT AGENDADOMESTIC FIRMSDOMESTIC LAWSDOMESTIC REGULATIONDOMESTIC SUPPLIERSDOMESTIC TRADEECONOMIC COOPERATIONECONOMIC INTEGRATIONECONOMIC PARTNERSHIP AGREEMENTSECONOMIC POLICYELECTRONIC COMMERCEEMERGENCY SAFEGUARDSEXPORT OPPORTUNITIESEXPORTSFINANCIAL SERVICESFIRST-MOVER ADVANTAGEFOREIGN COMPETITIONFOREIGN COUNTRIESFOREIGN COUNTRYFOREIGN ENTRYFOREIGN INVESTMENTFOREIGN INVESTORSFOREIGN MARKETSFOREIGN PARTICIPATIONFOREIGN POLICYFOREIGN POLICY CONSIDERATIONSFOREIGN SERVICE SUPPLIERSFREE TRADEFREE TRADE AGREEMENTSFREE TRADE AREAGATSGENERAL AGREEMENT ON TARIFFSGENERAL AGREEMENT ON TRADE IN SERVICESGLOBAL COMPETITIONGLOBAL LEVELHARMONIZATIONIMPORTED GOODSIMPORTING COUNTRYIMPROVED MARKET ACCESSINFANT INDUSTRYINTERNATIONAL COMMERCEINTERNATIONAL LAWINVESTMENT RULESKNOWLEDGE SPILLOVERSLABOR MOBILITYLEGAL STATUSLIBERAL RULELIBERAL RULESLIBERALIZATION OF TRADELIBERALIZING TRADEMARKET ACCESSMARKET FAILUREMARKET OPENINGMEASURES AFFECTING TRADEMEMBER COUNTRIESMFNMODES OF SUPPLYMOST FAVORED NATIONMOVEMENT OF NATURAL PERSONSMULTILATERAL AGREEMENTSMULTILATERAL COMMITMENTSMULTILATERAL LEVELMULTILATERAL LIBERALIZATIONMULTILATERAL NEGOTIATIONSMULTILATERAL TRADEMULTILATERAL TRADE NEGOTIATIONSMULTILATERAL TRADING SYSTEMNATIONAL TREATMENTNEGATIVE WELFARENONDISCRIMINATORY LIBERALIZATIONOPEN MARKETSOPENNESSPACIFIC REGIONPARTNER COUNTRYPOLICY REFORMSPOLICY RESEARCHPOSTAL SERVICESPREFERENCE EROSIONPREFERENTIAL ACCESSPREFERENTIAL AGREEMENTSPREFERENTIAL BASISPREFERENTIAL LIBERALIZATIONPREFERENTIAL MARKET ACCESSPREFERENTIAL TRADEPROFESSIONAL QUALIFICATIONSQUALIFICATION REQUIREMENTSREDUCING BARRIERSREGIONAL AGREEMENTREGIONAL AGREEMENTSREGIONAL ARRANGEMENTSREGIONAL CONTEXTREGIONAL FORUMREGIONAL FREE TRADEREGIONAL INTEGRATIONREGIONAL LEVELREGIONAL TRADEREGIONAL TRADE AGREEMENTSREGULATORY COOPERATIONREGULATORY OBJECTIVESRESTRICTIVE RULES OF ORIGINRULES OF ORIGINSERVICE ACTIVITIESSERVICE DELIVERYSERVICE SECTORSSERVICE SUPPLIERSSERVICES AGREEMENTSERVICES AGREEMENTSSERVICES CONTEXTSERVICES LIBERALIZATIONSERVICES NEGOTIATIONSSERVICES SECTORSSERVICES TRADESETTLEMENT OF DISPUTESSTATE-TO-STATE DISPUTE SETTLEMENTTAX REVENUESTECHNOLOGICAL PROGRESSTOURISMTOURISM SERVICESTRADE AGENDATRADE AGREEMENTTRADE BARRIERTRADE BARRIERSTRADE CONCESSIONSTRADE DISCIPLINESTRADE DIVERSIONTRADE DIVERSION EFFECTTRADE IN GOODSTRADE ISSUESTRADE LIBERALIZATIONTRADE NEGOTIATIONSTRADE POLICIESTRADE POLICYTRADE PREFERENCESTRADE REFORMSTRADE REGIMETRADE RELATIONSTRADE RULESTRADE-RESTRICTIVE MEASURESTRADING PARTNERTRADING PARTNERSTRADING SYSTEMTRANSPARENCYTRANSPORT SERVICESUNILATERAL LIBERALIZATIONWELFARE GAINSWORLD TRADEWORLD TRADE ORGANIZATIONWTO10.1596/19240