The WTO Negotiations on Financial Services

The WTO Negotiations on Financial Services PDF Author: Andrew J. Cornford
Publisher:
ISBN:
Category : Financial services industry
Languages : en
Pages : 34

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Book Description

The WTO Negotiations on Financial Services

The WTO Negotiations on Financial Services PDF Author: Andrew J. Cornford
Publisher:
ISBN:
Category : Financial services industry
Languages : en
Pages : 34

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Book Description


Financial Services Liberalization in the WTO

Financial Services Liberalization in the WTO PDF Author: Wendy Dobson
Publisher: Washington, DC : Institute for International Economics
ISBN:
Category : Business & Economics
Languages : en
Pages : 388

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Book Description
The stakes were high in the financial services negotiations that were completed in December 1997 at the World Trade Organization (WTO). The developing countries were eager to strengthen and modernize their financial systems. The industrial countries sought access to important emerging markets in Latin America and Asia for their banking, insurance, brokerage, and other financial services firms. In the end, both sides agreed to bind unilateral and regional financial opening and reform that was already under way in many countries, industrial and developing alike. The authors assess the agreement reached in the WTO, identifying its shortcomings and suggesting ways that it can be bolstered in future negotiations. They analyze the impact of the agreement, and of the Asian financial crisis, on the state of liberalization and market opening in several important emerging-market economies--including a summary of the remaining obstacles to establishing efficient and open financial sectors. This book estimates the benefits of opening the financial sector to foreign competition. It assesses the macroeconomic benefits that flow from an improved financial sector and discusses the risks and costs involved in liberalization. The authors conclude with a blueprint for future efforts to liberalize financial services and emphasize that the recent financial services agreement represented only a beginning step in that process.

Consultation Paper for the WTO Negotiations on Financial Services

Consultation Paper for the WTO Negotiations on Financial Services PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 9

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Book Description
The purpose of this paper is to provide background information and solicit views of constituents on matters pertaining to financial services in the context of the negotiations on the General Agreement on Trade in Services (GATS). Issues discussed include domestic regulation, cross-border trade and electronic commerce.

The Doha Round and Financial Services Negotiations

The Doha Round and Financial Services Negotiations PDF Author: Sydney J. Key
Publisher: American Enterprise Institute
ISBN: 9780844741826
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
This study provides a unique framework for analyzing the role of the GATS and the WTO in the liberalization and regulation of the financial services sector.

Financial Services and Preferential Trade Agreements

Financial Services and Preferential Trade Agreements PDF Author: Mona Haddad
Publisher: World Bank Publications
ISBN: 0821383124
Category : Political Science
Languages : en
Pages : 348

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Book Description
This book fills a large gap in the literature on trade in services. It focuses on the dynamics of trade and investment liberalization in a sector of considerable technical and regulatory complexity financial services. This volume chronicles the recent experiences of governments in Latin America that have successfully completed financial services negotiations through preferential trade agreements. One of the unique features of this book is the three in-depth country case studies Chile, Colombia, and Costa Rica all written by trade experts who led the negotiations of their respective countries in financial services. The authors offer analytical insights into the substantive content of the legal provisions governing financial market opening and the way such provisions have evolved over time and across negotiating settings. The studies describe how each of the three governments organized the conduct of negotiations in the sector, the extent of preparatory work undertaken before and during negotiations, and the negotiating road maps that were put in place to guide negotiators. Additional chapters complement the case studies by examining the evolving architecture of trade and investment disciplines in financial services and how best to prepare for negotiations in this sector. 'Financial Services and Preferential Trade Agreements' aims to provide practical lessons for policy makers, trade experts, and negotiators in developing countries who are involved in negotiating trade in financial services in the context of regional trade agreements. Academics and development practitioners interested in trade negotiations will also find the information valuable.

Financial Services Negotiations Under the General Agreement on Trade in Services (GATS)

Financial Services Negotiations Under the General Agreement on Trade in Services (GATS) PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 100

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Book Description


Financial services in the trading system

Financial services in the trading system PDF Author: Eric Miller
Publisher: BID-INTAL
ISBN: 9507380833
Category : Financial institutions, International
Languages : en
Pages : 38

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Book Description


WTO - Trade in Services

WTO - Trade in Services PDF Author: Rüdiger Wolfrum
Publisher: BRILL
ISBN: 904742736X
Category : Business & Economics
Languages : en
Pages : 816

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Book Description
With the establishment of the WTO, trade in services became part of the world trade order. Volume 6 is dedicated to these rather recent developments. It covers the core agreement, the General Agreement on Trade in Services (GATS) with annexes, as well as the additional instruments , which have been adopted later on to govern the liberalization in specific sectors. Those are the Understanding on Commitments in Financial Services, the Second Protocol on Financial Services, the Third Protocol on the Movement of Natural Persons, the Fourth Protocol on Basic Telecommunications and the Fifth Protocol, which contains further rules for financial services. This volume will be a valuable reference tool for the WTO community as a whole, as well as for professionals and researchers, who deal with one of the sectors concerned, e.g. financial services and telecommunications. Furthermore, it is highly relevant in view of those sectors, which are the subject of ongoing liberalization efforts or earmarked for future negotiations, namely accounting, legal services, transport, tourism, environmental services, legal and educational services.

Opening Markets in Financial Services and the Role of the GATS

Opening Markets in Financial Services and the Role of the GATS PDF Author: Masamichi Kōno
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 76

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Book Description
This publication explores some of the issues surrounding the financial services negotiations, analyzes what is at stake, and assesses what WTO members have already achieved in previous negotiations. This study contains detailed tables, charts, and boxes to help the reader understand some of the characteristics of the financial services sector and appreciate the full benefits of its trade liberalization.--Publisher's description.

Consultation Paper for the World Trade Organization Negotiations on Financial Services

Consultation Paper for the World Trade Organization Negotiations on Financial Services PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 10

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Book Description
The purpose of this paper is to provide background information and solicit views of constituents on matters pertaining to financial services in the context of the negotiations on the General Agreement on Trade in Services (GATS). It provides an overview of the Canadian financial services sector, explains how GATS applies to financial services, and outlines emerging issues such as domestic regulation, cross-border trade and electronic commerce.