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WTO Working Papers

WTO working papers usually represent research in progress. Such research may be conducted in the preparation of WTO Secretariat reports, studies or other material for WTO members. The papers are circulated for comment because the WTO considers critical review of professional research to be extremely important.

English

Services Trade Policy, WTO Commitments, and their Role in Economic Development and Trade Integration

Services have long been perceived as playing a secondary role in world trade. In particular, the role of services trade policies and multilateral services commitments often tends to be downplayed. However, in value added terms, services account for about 50% of world trade and are significant in exports of countries of all levels of development.

English

Keywords: trade in value added, GATS, trade in services, WTO
JEL: F15: International Economics / Trade / Economic Integration; L8: Industrial Organization / Industry Studies: Services; F53: International Economics / International Relations, National Security, and International Political Economy / International Agreements and Observance; International Organizations; F13: International Economics / Trade / Trade Policy; International Trade Organizations
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