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This book fills an important gap in the trade literature by offering a comprehensive cross-regional comparison of approaches to preferential market opening and rule-making in the area of trade in services. Chronicling the spectacular recent rise of preferential trade agreements (PTAs) in services and with contributions from some of the world's leading experts, the book examines the forces shaping the demand for preferences in services trade. It asks whether and how preferential advances differ from, go further than, and might ultimately inform the development of multilateral disciplines on services under the World Trade Organization's (WTO) General Agreement on Trade in Services (GATS).The book's core focus is on comparative scholarship, directing attention to the substantive features of services PTAs around the globe and exploring the iterative nature of rule-making and market opening in a still nascent field of trade diplomacy. It advances a number of ideas on how to multilateralize PTA advances in services and takes stock of the likely impact on the WTO system of ongoing attempts at crafting a plurilateral agreement on trade in services.Trade negotiators and policy officials working in the field of trade and investment in services as well as academics in the fields of law, economics and international political economy will find much of use in this authoritative study.Contributors: S. Abeysinghe, M. Bosworth, R. Chanda, A. Mattoo, M. Robert, M. Roy, P. Sauvé, S. Stephenson, I. Streho, R. Trewin, N. Ward
Edited by Pierre Sauvé, formerly Director of Program Development and Faculty Member and Anirudh Shingal, formerly Senior Research Fellow, World Trade Institute, University of Bern, Switzerland
Contents:Introduction and OverviewPierre Sauvé and Anirudh ShingalPART I: OVERALL TRENDS1. Services Commitments in Preferential Trade Agreements: Surveying the Empirical LandscapeMartin Roy2. The Preferential Liberalization of Trade in Services: Economic InsightsAaditya Mattoo and Pierre Sauvé3. Do Negotiated Agreements Foster Trade in Services? Evidence from PTAsAnirudh ShingalPART II: COMPARATIVE REGIONALISM4. Innovative Regionalism: The AmericasSherry Stephenson and Maryse Robert 5. Services Trade in the European Union: Internal and External Approaches to Market OpeningImola Streho6. Services Preferences in Africa: Perspectives and ChallengesPierre Sauvé and Natasha Ward7. Mapping the Universe of Services Disciplines in Asian PTAsRupa Chanda8. Services Trade in South Asia: the India–Sri Lanka CEPA A.P.C. Subhashini Abeysinghe9. Much Ado About Nothing Much? Australian PTAs in ServicesMalcolm Bosworth and Ray TrewinPART III: FINAL THOUGHTS10. Reflections on the Nature of Preferences in ServicesPierre Sauvé and Anirudh Shingal11. A Plurilateral Agenda for Services? Assessing the Case for a Trade in Services Agreement (TISA)Pierre Sauvé
‘Services account for three quarters of GDP in many countries but less than a quarter of global trade. This insightful volume assesses recent evidence on services trade barriers, the extent to which preferential trade agreements liberalize trade in services and whether such liberalization benefits only participants or extends to non-member countries. It provides an excellent overview of the state of knowledge in this important area, as well as a number of detailed case studies of recent trade agreements that include services.’
Marion Panizzon, Nicole Pohl, Pierre Sauvé, Pierre Sauvé, Switzerland) Panizzon, Marion (Universitat Bern, Switzerland) Pohl, Nicole (Universitat Bern, Pierre Sauve
Krista Nadakavukaren Schefer, Rodrigo Polanco, Pierre Sauvé, Switzerland) Nadakavukaren Schefer, Krista (Swiss Institute of Comparative Law, Switzerland) Polanco, Rodrigo (World Trade Institute, Switzerland) Sauve, Pierre (World Bank, Krista Nadakavukaren Schefer