Explaining liberalization commitments in financial services trade

About

Countries

Data & Research

Learning

News

Projects & Operations

Publications

Topics

Home > Data & Research > Document Search > Report Details

Explaining liberalization commitments in financial services trade, Volume 1

Author:	Harms, Philipp; Mattoo, Aaditya; Schuknecht, Ludger;	Collection Title:	Policy, Research working documents ; no. WPS 2999
Date Stored:	2003/04/05	Document Date:	2003/03/31
Document Type:	Policy Research Working Paper	Language:	English
Report Number:	WPS2999	Sub Sectors:	Other domestic and international trade
SubTopics:	Trade Finance and Investment; Trade and Services; Economic Theory & Research; Payment Systems & Infrastructure; Banks & Banking Reform; Free Trade; Health Economics & Finance; Trade and Regional Integration	Volume No:	1

Summary: The authors examine the determinants of market access commitments in international financial services trade in the General Agreement on Trade in Services (GATS). Based on a theoretical model, they investigate empirically the role of domestic political economy forces, international bargaining considerations, and the state of complementary policy. The empirical results confirm the relevance of the authors' model in explaining banking and (to a somewhat lesser degree) securities services liberalization commitments. The findings imply that those who seek greater access to developing country markets for financial services must do more to counter protectionism at home in areas of export interest for developing countries.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 48 pages	Official version*	3.36 (approx.)
	Text	Text version**


Light-Weight Documents Lighter (less MB) documents which may or may not be the final, official version
File Type		Description	File Size (mb)

	PDF 41 pages	WPS2999	0.11

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.

** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: http://go.worldbank.org/KJDYRBJ040