Title: Impact of Services Liberalization on Industry Productivity, Exports and Development

Abstract: Services now constitute about 70 percent of global GDP.2 Moreover, foreign direct investment (FDI) flows have shifted toward services, and now constitute almost half of total FDI flows in developing countries.3 Recognizing their importance and the need to have special rules to treat trade in services, the General Agreement on Trade in Services (GATS) was incorporated into the World Trade Organization (WTO) when it was formed in the mid-1990s...

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Publication ID: 33

Category Description: General Issues of International Trade Statistics

Publication Type: Paper

Inistitute: The World Bank

Year: 2012

Month: April

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Author 1: David Tarr

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Link: http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2012/04/03/000158349_20120403161318/Rendered/PDF/WPS6023.pdf

Tags: Commonwealth of Independent States , econometric estimates , firm-level data , productivity impacts , services liberalization ,

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