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Establishing global value chains through the liberalization of trade in services

Author

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  • Ishido, Hikari

Abstract

This paper addresses the importance of establishing global value chains through the liberalization of trade in services. A database has revealed rather disconnected policy arrangements across APEC members in terms of service trade liberalization. While the economic benefits arising from harmonized and liberalized policy across APEC members are widely recognized in the business sector, relevant policy coordination seems to be missing. With this in mind, APEC could work on establishing its own harmonized "service trade commitment table" that would be centered on simple foreign capital participation criteria. This would surely contribute to forming an APEC-wide global value chain.

Suggested Citation

  • Ishido, Hikari, 2015. "Establishing global value chains through the liberalization of trade in services," IDE Discussion Papers 515, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper515
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    File URL: https://ir.ide.go.jp/?action=repository_action_common_download&item_id=37662&item_no=1&attribute_id=22&file_no=1
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    More about this item

    Keywords

    Asia; Latin America; Oceania; North America; International trade; Service industries; International economic integration; Global Value Chain; Trade in services; Connectivity;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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