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The WTO and its GATS

In: The Handbook of Globalisation, Third Edition

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  • Scott Sinclair

Abstract

The General Agreement on Trade in Services (GATS) exerts constant pressure on governments to commercialise services and open national and local markets to foreign service providers. This World Trade Organization agreement, which has been the model for services rules in subsequent bilateral and regional free trade agreements, is designed to lock in liberalisation and privatisation, preventing future governments from changing policy course. Its constitutional-style restrictions constrain democratic accountability and seek to impede alternative development policies built around expanded public services and more protective public interest regulation of commercial services.

Suggested Citation

  • Scott Sinclair, 2019. "The WTO and its GATS," Chapters, in: Jonathan Michie (ed.), The Handbook of Globalisation, Third Edition, chapter 21, pages 359-367, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18293_21
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