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Trade in services: Opening markets to create opportunities

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  • Bernard Hoekman

Abstract

This paper reviews the role of services in development and growth, the potential role of trade in services as a driver of the productivity performance of sectors that use services as inputs, and the links between services policies and domestic trade costs. Barriers to trade in services have direct as well as indirect effects on cross-border trade and investment, but research suggests that the extent to which countries will benefit from open services regimes and regional integration of services markets depends on complementary efforts to improve economic governance and regulatory regimes.

Suggested Citation

  • Bernard Hoekman, 2017. "Trade in services: Opening markets to create opportunities," WIDER Working Paper Series wp-2017-31, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2017-31
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2017-31.pdf
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    Cited by:

    1. Gnangnon, Sèna Kimm, 2022. "Effect of the Duration of the Membership in GATT/WTO on Commercial Services Exports in Developing Countries," EconStor Preprints 262167, ZBW - Leibniz Information Centre for Economics.
    2. Sèna Kimm Gnangnon, 2021. "Development aid and services export diversification," International Journal of Economic Policy Studies, Springer, vol. 15(1), pages 125-156, February.
    3. Gnangnon, Sèna Kimm, 2020. "Aid for Trade and Services Export Diversification in Recipient-Countries," EconStor Preprints 210467, ZBW - Leibniz Information Centre for Economics.
    4. Sèna K. Gnangnon, 2021. "Aid for Trade and services export diversification in recipient countries," Australian Economic Papers, Wiley Blackwell, vol. 60(2), pages 189-225, June.
    5. Galina Boyanova Zaharieva, 2020. "International Services Trade Competitiveness of EU-27 Countries," Business & Management Compass, University of Economics Varna, issue 3, pages 273-296.
    6. Susara J. Jansen Van Rensburg & Riaan Rossouw & Wilma Viviers, 2020. "Liberalizing Bangladesh’s Services Trade: Is Joining Trade in Services Agreement the Way to Go?," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 21(1), pages 99-121, March.
    7. Ondøej Šíma, 2022. "International Trade in Services: Structural Determinants of Balance of Services," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 70(2), pages 188-208, February.
    8. Gnangnon, Sèna Kimm, 2024. "Effects of intellectual property rights protection on services export diversification in developing countries," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 46(1), pages 53-89.

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    Keywords

    Services; Productivity; Growth;
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