Impact of Services Liberalization on Industry Productivity, Exports and Development : Six Empirical Studies in the Transition Countries
Services as a share of gross domestic product and in foreign direct investment flows have increased in importance both globally and in the transition countries of Europe and Central Asia. So has the need for both academics and policymakers to under...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/04/16201540/impact-services-liberalization-industry-productivity-exports-development-six-empirical-studies-transition-countries http://hdl.handle.net/10986/6026 |
| Summary: | Services as a share of gross domestic
product and in foreign direct investment flows have
increased in importance both globally and in the transition
countries of Europe and Central Asia. So has the need for
both academics and policymakers to understand the impacts of
services liberalization in the transition countries. For
this reason, the World Bank Institute, under a grant from
the Government of Austria, commissioned seven studies under
the auspices of the Economic Education Research Consortium
(headquartered in Kiev, Ukraine) to investigate the impact
of services liberalization on productivity, focusing on
services reform in the transition countries of Europe and
Central Asia. All of the studies have been produced by
authors from the transition countries of Europe or Central
Asia. This paper summarizes six of these studies that will
appear in a volume in Russian edited by the author of this
paper. The studies contribute to the growing empirical
literature establishing that liberalization of barriers
against service providers can make an important contribution
to increase total factor productivity, exports and growth in
the economy. They also show that the issue of services
liberalization is important for the transition countries in
particular. Links to the English language versions of the
papers are provided. |
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