Trade Facilitation in Services : A Conceptual and Empirical Analysis
Beyond their key contribution to value chains in all sectors, services represent a centrally important source of economic and export diversification. This paper discusses how to promote trade in services as a channel for growth, employment, and div...
| Main Authors: | , , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/670321588865178798/Trade-Facilitation-in-Services-A-Conceptual-and-Empirical-Analysis http://hdl.handle.net/10986/33742 |
| Summary: | Beyond their key contribution to value
chains in all sectors, services represent a centrally
important source of economic and export diversification.
This paper discusses how to promote trade in services as a
channel for growth, employment, and diversification by
assessing services trade costs and identifying policies that
contribute to their reduction: a concept termed trade
facilitation in services. It summarizes the latest research
on the costs facing trade in services beyond discriminatory
market access and national treatment and finds that these
are high. It proposes measures that could fall under the
scope of a potential trade facilitation in services agenda,
namely: (i) streamlining processes and procedures used in
administering regulatory policies aside from the policy
itself, (ii) improving access to information on regulatory
policies (that is, transparency), and (iii) boosting the
efficiency of governance structures for regulators that set
policies affecting trade in services. |
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