Borchert et al 2013a - Revision history

Scipediacontent at 11:05, 25 January 2021

2021-01-25T11:05:03Z

Scipediacontent at 15:22, 21 January 2021

2021-01-21T15:22:04Z

Scipediacontent: Scipediacontent moved page Draft Content 279802526 to Borchert et al 2013a

2020-10-14T13:03:28Z

Scipediacontent moved page Draft Content 279802526 to Borchert et al 2013a

Scipediacontent: Created page with " == Abstract == Surprisingly little is known about policies that affect international trade in services. Previous analyses have focused on policy commitments made by countrie..."

2020-10-14T13:03:26Z

Created page with " == Abstract == Surprisingly little is known about policies that affect international trade in services. Previous analyses have focused on policy commitments made by countrie..."

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== Abstract ==

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.

Document type: Book

== Full document ==
<pdf>Media:Draft_Content_279802526-beopen699-2473-document.pdf</pdf>

== Original document ==

The different versions of the original document can be found in:

* [http://dx.doi.org/10.1596/1813-9450-6109 http://dx.doi.org/10.1596/1813-9450-6109]

* [http://hdl.handle.net/10.1093/wber/lht017 http://hdl.handle.net/10.1093/wber/lht017]

* [http://hdl.handle.net/10986/22561 http://hdl.handle.net/10986/22561] under the license http://creativecommons.org/licenses/by-nc-nd/3.0/igo

* [http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/28/000158349_20120628132350/Rendered/PDF/WPS6109.pdf http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/28/000158349_20120628132350/Rendered/PDF/WPS6109.pdf]

* [https://openknowledge.worldbank.org/bitstream/10986/22561/1/wber_28_1_162.pdf https://openknowledge.worldbank.org/bitstream/10986/22561/1/wber_28_1_162.pdf] under the license cc-by-nc-nd

* [https://openknowledge.worldbank.org/bitstream/10986/22561/1/wber_28_1_162.pdf https://openknowledge.worldbank.org/bitstream/10986/22561/1/wber_28_1_162.pdf] under the license cc-by-nc-nd

DOIS: 10.1093/wber/lht017 10.1596/1813-9450-6109

← Older revision		Revision as of 11:05, 25 January 2021
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	== Full document ==		== Full document ==
−	<pdf>Media:Borchert_et_al_2013a-~~beopen1825~~-~~5088~~-document.pdf</pdf>	+	<pdf>Media:Borchert_et_al_2013a-beopen1450-8442-document.pdf</pdf>

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 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.
-Document type: Book
+Document type: Preprint
 == Full document ==
-<pdf>Media:Draft_Content_279802526-beopen699-2473-document.pdf</pdf>
+<pdf>Media:Borchert_et_al_2013a-beopen1825-5088-document.pdf</pdf>
@@ Line 25: / Line 25: @@
 * [https://openknowledge.worldbank.org/bitstream/10986/22561/1/wber_28_1_162.pdf https://openknowledge.worldbank.org/bitstream/10986/22561/1/wber_28_1_162.pdf] under the license cc-by-nc-nd
 DOIS: 10.1093/wber/lht017 10.1596/1813-9450-6109

← Older revision	Revision as of 13:03, 14 October 2020
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