Description - Services Trade and Development by Aaditya Mattoo
Some see trade in services as irrelevant to the development agenda for least developed countries (LDCs). Others see few benefits from past market openings by LDCs. This book debunks both views. It finds that serious imperfections in Zambia's reform of services trade deprived the country of significant benefits and diminished faith in liberalization. What is to be done? Move aggressively and consistently to eliminate barriers to entry and competition. Develop and enforce regulations to deal with market failures. And implement proactive policies to widen the access of firms, farms, and consumers to services of all kinds. These lessons from Zambia are applicable to all LDCs. In all this, international agreements can help. But to succeed, LDCs mustcommit to open markets and their trading partners must provide assistance for complementary reforms. Zambia, which leads the LDC group at the World Trade Organization, can show the way.
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(235mm x 155mm x 16mm)
World Bank Publications
Publisher: World Bank Publications
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Book Reviews - Services Trade and Development by Aaditya Mattoo
Author Biography - Aaditya Mattoo
AADITYA MATTOO is Lead Economist in the Development Research Group of the World Bank. He is leading a project on international trade in services, specializes in trade policy analysis and the operation of the WTO, and is helping enhance policy-making and negotiating capacity in developing countries. Prior to joining the Bank in 1999, he was Economic Counselor at the Trade in Services Division, World Trade Organization (WTO), Geneva. He also served as Economic Affairs Officer in the Economic Research and Analysis and Trade Policy Review Division of the WTO. Mr. Mattoo taught economics at the Uni