This book provides one of the first interdisciplinary reviews of
the relationship between services, globalisation and trade
liberalisation as we enter the twenty-first century. Written by
academics and policymakers, it contains a detailed analysis of the
characteristics of service trade and of recent and current service
trade negotiations. The authors focus on exploring the complex
relationship between the process of globalisation and the
globalisation of services taking into consideration service trade
negotiations. Many service functions reduce the relative distance
between places and more importantly enable the process of
globalisation. The globalisation of service functions is complex.
Services are different from goods as they depend on human capital
(embodied knowledge and reputations) and have to be localized to
meet specific cultural and political requirements. The General
Agreement on Trade in Services (GATS) needs to be informed by an
understanding of the differences that exist between goods and
services as well as by the processes by which services globalise.
The GATS has to be more than just about quantitative-based policies
but also has to explore national regulations that inhibit trade in
services. This book will be of special interest to economists,
geographers and policymakers with a specific involvement in service
trade and trade liberalization.
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