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Author: United Nations Publications
Publisher:
ISBN: 9789211129632
Category :
Languages : en
Pages : 64
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Book Description
The LDC Waiver is a legal tool that enables WTO Members to sidestep their obligation to treat all services imports equally under the Most-Favoured Nation (MFN) clause through the granting preferential treatment to services and service exporters from a Least Developed Country (LDC). It is similar to the "Enabling Clause" for goods within the Generalized System of Preferences (GSP), except that the Waiver only benefits LDCs, not all developing countries. It operates thus as an "LDC-only Enabling Clause for services". The Waiver only enables preferences, it does not require WTO Members to grant them, nor provide them with specific ideas or tools to facilitate LDCs' exports into their markets. Four country specific papers related to service exports in Cambodia, Nepal, Senegal and Zambia were undertaken with a view to help identify, design and implement smart mechanisms to facilitate LDCs' services exports. This paper draws upon the insights and findings of those four country papers to provide a condensed overview that will help LDCs increase their services exports.
Author: United Nations Publications
Publisher:
ISBN: 9789211129632
Category :
Languages : en
Pages : 64
Get Book Here
Book Description
The LDC Waiver is a legal tool that enables WTO Members to sidestep their obligation to treat all services imports equally under the Most-Favoured Nation (MFN) clause through the granting preferential treatment to services and service exporters from a Least Developed Country (LDC). It is similar to the "Enabling Clause" for goods within the Generalized System of Preferences (GSP), except that the Waiver only benefits LDCs, not all developing countries. It operates thus as an "LDC-only Enabling Clause for services". The Waiver only enables preferences, it does not require WTO Members to grant them, nor provide them with specific ideas or tools to facilitate LDCs' exports into their markets. Four country specific papers related to service exports in Cambodia, Nepal, Senegal and Zambia were undertaken with a view to help identify, design and implement smart mechanisms to facilitate LDCs' services exports. This paper draws upon the insights and findings of those four country papers to provide a condensed overview that will help LDCs increase their services exports.
Author: Sub-Commitee on Least-Developed Countries
Publisher:
ISBN:
Category : Foreign trade promotion
Languages : en
Pages : 243
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Book Description
Author: Olivier Cattaneo
Publisher: World Bank Publications
ISBN: 082138354X
Category : Political Science
Languages : en
Pages : 388
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Book Description
The services sector is key to economic growth, competitiveness, and poverty alleviation. Comprising more than two-thirds of the world economy, services are now commonly traded across borders, helped by technological progress and the increased mobility of persons. In recent years, a number of developing countries have looked at trade in services as a means to both respond to domestic supply shortages and to diversify and boost exports. Any country can tap into the trade potential of services, but not every country can become a services hub across sectors. The opening of the services sector potentially comes with large benefits, but also fears and costs that should not be overlooked. This book provides useful guidelines for the assessment of a country s trade potential, and a roadmap for successful opening and export promotion in select services sectors. It looks at both the effects of increased imports and exports, and provides concrete examples of developing country approaches that have either succeeded or failed to maximize the benefits and minimize the risks of opening. It focuses on sectors that have been rarely analyzed through the trade lens, and/or have a fast growing trade potential for developing countries. These sectors are: accounting, construction, distribution, engineering, environmental, health, information technology, and legal services. This book is designed for non-trade specialists to understand how trade can help improve access to key services in developing countries, and for trade specialists to understand the specific characteristics of each individual sector. It will be a useful tool for governments to design successful trade opening or promotion strategies, and for the private sector and consumers to advocate sound domestic policy reforms accompanying an offensive trade agenda.
Author: Organisation for Economic Co-operation and Development. Secretariat
Publisher:
ISBN:
Category : Foreign trade promotion
Languages : en
Pages : 79
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Book Description
Author: Paul Brenton
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 36
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Book Description
Trade preferences are a key element in industrial countries' efforts to assist the integration of least developed countries (LDCs) into the world economy. Brenton provides an initial evaluation of the impact of the European Union's recently introduced "Everything but Arms" (EBA) initiative on the products currently exported by the LDCs. He shows that the changes introduced by the EBA initiative in 2001 are relatively minor for currently exported products, primarily because over 99 percent of EU imports from the LDCs are in products which the EU had already liberalized, and the complete removal of barriers to the key remaining products-rice, sugar, and bananas-has been delayed. Brenton looks at the role EU preferences to LDCs in general have been playing and could play in assisting the integration of the LDCs. He shows that there is considerable variation across countries in the potential impact that EU preferences can have given current export structures. There is a group of LDCs for whom EU trade preferences on existing exports are not significant since these exports are mainly of products where the most-favored-nation duty is zero. Export diversification is the key issue for these countries. For other LDCs, EU preferences have the potential to provide a more substantial impact on trade. However, the author shows that only 50 percent of EU imports from non-ACP (Africa, Caribbean, and Pacific) LDCs which are eligible actually request preferential access to the EU. The prime suspect for this low level of use are the rules of origin, both the restrictiveness of the requirements on sufficient processing and the costs and difficulties of providing the necessary documentation. More simple rules of origin are likely to enhance the impact of EU trade preferences in terms of improving market access and in stimulating diversification toward a broader range of exports.
Author: Sebasti n S ez
Publisher: World Bank Publications
ISBN: 0821384112
Category : Political Science
Languages : en
Pages : 200
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Book Description
This book aims at contributing to address some of the challenge that developing countries, especially the least-developing countries, face in the design of trade in service policies and to provide governments with tools to better incorporate services in their export strategies, including negotiations and cooperation with trading partners, and unilateral reforms. This book helps to identify key policy challenges faced by developing country trade negotiators, regulatory policy officials and/or service suppliers. Management of both policy reforms and trade agreements requires investments in sounder regulatory regimes and the establishment of enforcement mechanisms to help countries gradually opening and mitigate any potential downside risks. A successful strategy requires a proper sequencing that through an orderly and transparent process allows to prepare for greater competition. Developing countries face serious resource and administrative constraints to adequately negotiate multiple services agreements that serve their trade interest. For many developing countries, the administrative burden of handling and negotiating multiple trade agreements has become a serious concern and this can hamper their opportunities to obtain adequate market access for their services exports. The book develops in detail the methodological framework for the construction of a database and the core elements that will comprise it, to help countries to organize and manage their services commitments. Little attention has been devoted to the organization/preparation and the development, assessment and conclusion of the negotiation process. The book presents a simulation exercise designed for policymakers, trade negotiators, and trade practitioners working in the area of services. This exercise will help them to better understand the preparatory and negotiating stages of the process leading to liberalization of trade in services.
Author:
Publisher:
ISBN:
Category : Foreign trade promotion
Languages : en
Pages : 79
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Book Description
Author: Greg McGuire
Publisher: United Nations Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
The service sector is the most important sector for most developed economies being the largest contributor to gross domestic product, production, and employment. Developing economies on the other hand have a comparative advantage in labor services, however, the export of many of these services is limited by many restrictions on the temporary movement of labor imposed through domestic regulation. This study provides a comprehensive overview of the international trade in services focusing on market access in foreign markets. It also explains how developing economies are dealing with the issue of trade restrictions so as to spur development of the service sector.
Author: Aaditya Mattoo
Publisher: OUP Oxford
ISBN: 0191553026
Category : Business & Economics
Languages : en
Pages : 680
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Book Description
International trade and investment in services are an increasingly important part of global commerce. Advances in information and telecommunication technologies have expanded the scope of services that can be traded cross-border. Many countries now allow foreign investment in newly privatized and competitive markets for key infrastructure services, such as energy, telecommunications, and transport. More and more people are travelling abroad to consume tourism, education, and medical services, and to supply services ranging from construction to software development. In fact, services are the fastest growing components of the global economy, and trade and foreign direct investment (FDI) in services have grown faster than in goods over the past decade and a half. International transactions, however, continue to be impeded by policy barriers, especially to foreign investment and the movement of service-providing individuals. Developing countries in particular are likely to benefit significantly from further domestic liberalization and the elimination of barriers to their exports. In many instances, income gains from a reduction in protection to services may be far greater than from trade liberalization in goods. In light of the increasing importance of international trade in services and the inclusion of services issues on the agendas of the multilateral, regional and bilateral trade negotiations, there is an obvious need to understand the economic implications of services trade and liberalization. A Handbook of International Trade in Services provides a comprehensive introduction to the subject, making it an essential reference for trade officials, policy advisors, analysts, academics, and students. Beginning with an overview on the key issues in trade in services and discussion of the GATS, the book then looks at trade negotiations in the service sector, the barriers to trade in services, and concludes by looking at a number of specific service sectors, such as financial services, e-commerce, health services, and the temporary movement of workers.
Author: Stefan de Vylder
Publisher:
ISBN:
Category :
Languages : en
Pages : 251
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Book Description
