Liberalizing Service Trade : Strategies for Success by Phedon Nicolaides

By Phedon Nicolaides

Assesses the EC's method of the liberalization of carrier alternate and warns of the hazards of looking 'equivalent reciprocity'. It indicates a distinct method and set of targets extra applicable to the GATT. booklet disguise; part name; identify; Copyright; Contents; commitment; Acknowledgements; 1 THE problem OF REFORMING coverage ON providers; 2 the character OF companies; three construction AND alternate OF prone; four DISCRIMINATION VS law; five LIBERALIZATION within the eu group; 6 companies IN GATT; 7 ACCOMMODATING constructing nations; eight customers for achievement; REFERENCES; fresh comparable titles

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Additional info for Liberalizing Service Trade : Strategies for Success

Sample text

Moreover, no firm will be able to gain an unfair advantage if any one firm can enter any regime and enjoy the same privileges. And no government will be able to promote its own service industries at the expense of those of others if any other firm can enter the market and derive the same benefits. e. e. the right of national treatment) in any 50 DISCRIMINATION VS REGULATION regime they wish. Nor are regulatory systems undermined so long as all firms are subject to uniform rules within each regime.

First consider the basic features of trade of goods. Transactions in goods require the transfer of property rights. It is not necessary that sellers or buyers move across a frontier as long as transportation (a service) is provided by a third party. In principle, therefore, transactions are facilitated by the removal of impediments to the movement of goods. g. transportation) or the consumer. Thus, for the purpose of facilitating or liberalizing transactions in services, it may also be necessary to remove barriers to the movement of people.

The objective of the GATT negotiations should be the liberalization of service activities irrespective of whether they fall within preconceived notions about the concept of trade. It will be suggested later that the major barriers to transactions in services are restrictions on the activities by foreign service-providers and on the use of their services by domestic residents. e. the insurance document) is free. Liberalizing the PRODUCTION AND TRADE OF SERVICES 31 trade of services embodied in goods will not have any significant effect unless other domestic legal restrictions on the use of foreign-provided services are also removed.

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