The services sector is key to economic growth, competitiveness, and
poverty alleviation. Comprising more than two-thirds of the world
economy, services are now commonly traded across borders, helped by
technological progress and the increased mobility of persons. In recent
years, a number of developing countries have looked at trade in
services as a means to both respond to domestic supply shortages and to
diversify and boost exports. Any country can tap into the trade
potential of services, but not every country can become a services hub
across sectors. The opening of the services sector potentially comes
with large benefits, but also fears and costs that should not be
overlooked.
This book provides useful guidelines for the assessment of a
country’s trade potential, and a roadmap for successful opening
and export promotion in select services sectors. It looks at both the
effects of increased imports and exports, and provides concrete
examples of developing country approaches that have either succeeded or
failed to maximize the benefits and minimize the risks of opening. It
focuses on sectors that have been rarely analyzed through the trade
lens, and/or have a fast growing trade potential for developing
countries. These sectors are: accounting, construction, distribution,
engineering, environmental, health, information technology, and legal
services.
This book is designed for non-trade specialists to understand how
trade can help improve access to key services in developing countries,
and for trade specialists to understand the specific characteristics of
each individual sector. It will be a useful tool for governments to
design successful trade opening or promotion strategies, and for the
private sector and consumers to advocate sound domestic policy reforms
accompanying an offensive trade agenda.
- Shipping Weight: 1.12 lbs (0.51 kgs)
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