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Regulatory Cooperation, Aid For Trade And The Gats

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  • Bernard Hoekman
  • Aaditya Mattoo

Abstract

. This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the WTO. A distinction is made between market access liberalization and the regulatory preconditions for benefiting from market opening. We argue that prospects for multilateral services liberalization would be enhanced by making national treatment the objective of WTO services negotiations. Moreover, if complemented by assistance to strengthen regulatory capacity in developing countries, the WTO could become more relevant in promoting not just services liberalization but, more importantly, domestic reforms of services policies.

Suggested Citation

  • Bernard Hoekman & Aaditya Mattoo, 2007. "Regulatory Cooperation, Aid For Trade And The Gats," Pacific Economic Review, Wiley Blackwell, vol. 12(4), pages 399-418, October.
    • Handle: RePEc:bla:pacecr:v:12:y:2007:i:4:p:399-418
    DOI: 10.1111/j.1468-0106.2007.00366.x
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    References listed on IDEAS

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    1. Bernard Hoekman & Aaditya Mattoo & André Sapir, 2007. "The political economy of services trade liberalization: a case for international regulatory cooperation?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 23(3), pages 367-391, Autumn.
    2. Mattoo, Aaditya & Stern, Robert M. & Zanini, Gianni (ed.), 2007. "A Handbook of International Trade in Services," OUP Catalogue, Oxford University Press, number 9780199235223.
    3. Thomas W. Hertel & L. Alan Winters, 2006. "Poverty and the WTO : Impacts of the Doha Development Agenda," World Bank Publications - Books, The World Bank Group, number 7411.
    4. Aaditya Mattoo & Lucy Payton, 2007. "Services Trade and Development : The Experience of Zambia," World Bank Publications - Books, The World Bank Group, number 6697.
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    Cited by:

    1. Hoekman, Bernard & Mattoo, Aaditya, 2011. "Services trade liberalization and regulatory reform : re-invigorating international cooperation," Policy Research Working Paper Series 5517, The World Bank.
    2. Bown, Chad, 2007. "Developing Countries and Enforcement of Trade Agreements: Why Dispute Settlement Is Not Enough," CEPR Discussion Papers 6459, C.E.P.R. Discussion Papers.
    3. Joseph Francois & Bernard Hoekman, 2010. "Services Trade and Policy," Journal of Economic Literature, American Economic Association, vol. 48(3), pages 642-692, September.
    4. Bernard Hoekman, 2008. "The General Agreement on Trade in Services: Doomed to Fail? Does it Matter?," Journal of Industry, Competition and Trade, Springer, vol. 8(3), pages 295-318, December.

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