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Evaluating the Contributions of Regional Trade Agreements to Governance of Services Trade

Author

Listed:
  • Stephenson, Sherry

    (Asian Development Bank Institute)

  • Roberts, Maryse

    (Asian Development Bank Institute)

Abstract

Since the early 1990s, regional trade agreements (RTAs) covering trade in services have proliferated, with 95 RTAs on services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS), as of June 2011. This paper discusses how RTAs support or debilitate the GATS in its governance function as the keeper of rules and liberalization commitments on services trade for WTO members. It addresses this question and its implications for governance by focusing on four different issues: architecture; compliance; ability to promote reforms; and actual impact of RTAs in fostering services trade.

Suggested Citation

  • Stephenson, Sherry & Roberts, Maryse, 2011. "Evaluating the Contributions of Regional Trade Agreements to Governance of Services Trade," ADBI Working Papers 307, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0307
    as

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    File URL: http://www.adbi.org/files/2011.08.30.wp307.evaluating.contributions.regional.trade.agreements.pdf
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    References listed on IDEAS

    as
    1. Henrik Horn & Petros C. Mavroidis & André Sapir, 2010. "Beyond the WTO? An Anatomy of EU and US Preferential Trade Agreements," The World Economy, Wiley Blackwell, vol. 33(11), pages 1565-1588, November.
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    3. Crawford, Jo-Ann & Fiorentino, Roberto V., 2005. "The changing landscape of regional trade agreements," WTO Discussion Papers 8, World Trade Organization (WTO), Economic Research and Statistics Division.
    4. Cadot, Olivier & Estevadeordal, Antoni & Suwa-Eisenmann, Akiko & Verdier, Thierry (ed.), 2006. "The Origin of Goods: Rules of Origin in Regional Trade Agreements," OUP Catalogue, Oxford University Press, number 9780199290482.
    5. Bark, Taeho & Kang, Moonsung, 2011. "Asia’s Strategic Participation in the Group of 20 for Global Economic Governance Reform: From the Perspective of International Trade," Working Papers on Regional Economic Integration 74, Asian Development Bank.
    6. Kawai, Masahiro & Wignaraja, Ganeshan, 2010. "Asian FTAs: Trends, Prospects, and Challenges," ADB Economics Working Paper Series 226, Asian Development Bank.
    7. Craig VanGrasstek, 2011. "The Political Economy of Services in Regional Trade Agreements," OECD Trade Policy Papers 112, OECD Publishing.
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    More about this item

    Keywords

    regional trade agreements; gats; political economy; trade in services; wto; multilateralizing regionalism;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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