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Synopsis
Some see trade in services as irrelevant to the development agenda for least developed countries (LDCs). Others see few benefits from past market openings by LDCs. This book debunks both views. It finds that serious imperfections in Zambia's reform of services trade deprived the country of significant benefits and diminished faith in liberalization. What is to be done? Move aggressively and consistently to eliminate barriers to entry and competition. Develop and enforce regulations to deal with market failures. And implement proactive policies to widen the access of firms, farms, and consumers to services of all kinds. These lessons from Zambia are applicable to all LDCs. In all this, international agreements can help. But to succeed, LDCs mustcommit to open markets and their trading partners must provide assistance for complementary reforms. Zambia, which leads the LDC group at the World Trade Organization, can show the way.
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About the Author
AADITYA MATTOO is Lead Economist in the Development Research Group of the World Bank. He is leading a project on international trade in services, specializes in trade policy analysis and the operation of the WTO, and is helping enhance policy-making and negotiating capacity in developing countries. He is co- editor of Development, Trade and the WTO: A Handbook, Moving People to Deliver Services, and Domestic Regulation and Services Trade Liberalization, and has written extensively on trade and trade in services. LUCY PAYTON works with the Trade Team of the Development Research Group of the World Bank. Her work is focused on analysing legal and regulatory barriers to trade in the insurance, banking, telecommunications and other services sectors.
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Services Trade and Development: The Experience of Zambia
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World Bank Publications, 2007
ISBN 10: 0821368494
ISBN 13: 9780821368497
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SERVICES TRADE AND DEVELOPMENT: THE EXPERIENCE OF ZAMBIA
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Paperback. Condition: New. Some see trade in services as irrelevant to the development agenda for least developed countries (LDCs). Others see few benefits from past market openings by LDCs. This book debunks both views. It finds that serious imperfections in Zambia's reform of services trade deprived the country of significant benefits and diminished faith in liberalization. What is to be done? Move aggressively and consistently to eliminate barriers to entry and competition. Develop and enforce regulations to deal with market failures. And implement proactive policies to widen the access of firms, farms, and consumers to services of all kinds. These lessons from Zambia are applicable to all LDCs. In all this, international agreements can help. But to succeed, LDCs mustcommit to open markets and their trading partners must provide assistance for complementary reforms. Zambia, which leads the LDC group at the World Trade Organization, can show the way. Seller Inventory # 0064883
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Services Trade and Development: The Experience of Zambia
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SERVICES TRADE and DEVELOPMENT: the EXPERIENCE of ZAMBIA
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SERVICES TRADE AND DEVELOPMENT: THE EXPERIENCE OF ZAMBIA (Trade and Development Series)
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World Bank Publications 2007-04-30, 2007
ISBN 10: 0821368494
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SERVICES TRADE AND DEVELOPMENT: THE EXPERIENCE OF ZAMBIA
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ISBN 10: 0821368494
ISBN 13: 9780821368497
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Services Trade and Development
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Services Trade and Development
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