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原文传递 Policy Barriers to International Trade in Services : Evidence from a New Database
题名: Policy Barriers to International Trade in Services : Evidence from a New Database
责任者: Borchert, Ingo<=>Gootiiz, Batshur<=>Mattoo, Aaditya
关键词: Banks and Banking Reform;Private Sector Development;Emerging Markets;Transport Economics Policy and Planning;International Economics and Trade;Trade and Services;Public Sector Corruption and Anticorruption Measures;Finance and Financial Sector Development;Public Sector Development;Transport
学科分类: 交通运输规划与管理
摘要: Surprisingly little is known about policies that affect international trade in services. Previous analyses have focused on policy commitments made by countries in international agreements but these commitments do not in many cases reflect actual policy. This paper describes a new initiative to collect comparable information on services trade policies for 103 countries, across a range of service sectors and the relevant modes of service delivery. The resultant database reveals interesting patterns in policy. Across regions, some of the fastest growing countries in Asia and the oil-rich Gulf states have the most restrictive policies in services, whereas some of the poorest countries are remarkably open. Across sectors, professional and transportation services are among the most protected in both industrial and developing countries, while retail, telecommunications and even finance tend to be more open. An illustrative set of results suggests that trade policies matter for investment flows and access to services. In particular, restrictions on foreign acquisitions, discrimination in licensing, restrictions on the repatriation of earnings and lack of legal recourse all have a significant and sizable negative effect, reducing the expected value of sectoral foreign investment by $2.2 billion over a 7-year period, compared with "open" policy regimes. In terms of access to services, credit as a share of gross domestic product is on average 3.3 percentage points lower in countries with major restrictions on the establishment of foreign banks as compared with those that only impose operational restrictions.
出版机构: World Bank
报告类型: 咨询报告
详细地址: http://documents.worldbank.org/curated/en/2012/06/16441100/policy-barriers-international-trade-services-evidence-new-database
资源类型: 科技(咨询、行业)报告
初始创建时间: 2012-06
最新修改时间: 2017-12-13T14:06:56Z
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