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Role of Multilateral and Regional Disciplines in Services Trade Liberalization: The Case of Romania’s Banking Services

Author

Listed:
  • Ana Bobirca

    (Academy of Economic Studies, Bucharest, Romania)

  • Paul Gabriel Miclaus

    (Academy of Economic Studies Bucharest, Romania)

Abstract

The paper indicates that, on one hand the EU was used by Romania more as a commitment device for service sector policy reform then the WTO agreement (GATS) and, on the other hand, that even if Romania has attained a high degree of services trade liberalization, as well as a significant degree of integration with the European market - illustrated on the case of banking services, it still has to undertake some efforts towards dismantling impediments to the supply of services and towards good governance of service markets.

Suggested Citation

  • Ana Bobirca & Paul Gabriel Miclaus, 2007. "Role of Multilateral and Regional Disciplines in Services Trade Liberalization: The Case of Romania’s Banking Services," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 10(26), pages 61-80, December.
    • Handle: RePEc:rej:journl:v:10:y:2007:i:26:p:61-80
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