Pre-empting Protectionism in Services : The WTO and Outsourcing

Cross-border trade in services is growing rapidly, with both industrial and developing countries among the most dynamic exporters. Despite the substantial global benefits from such trade, the adjustment pressures created in importing countries could provoke a protectionist backlash-some signs of which are already visible in procurement and regulatory restrictions. The current negotiations under the Doha Development Agenda offer an opportunity to lock in current openness and preempt protectionism. This paper describes how a bold initiative under the General Agreement on Trade in Services can help secure openness.

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Bibliographic Details
Main Authors: Mattoo, Aaditya, Wunsch, Sacha
Language:English
en_US
Published: World Bank: Washington, DC 2004-03
Subjects:PROTECTIONISM, TRADE DEVELOPMENT, SERVICES DELIVERY, SERVICE EXPORTS, REGULATORY FRAMEWORK, RESTRICTIONS, PROCUREMENT, MIGRATION POLICY, WORLD TRADE ORGANIZATION, TRADE AGREEMENTS, ACCOUNTING, ACCOUNTING SERVICES, ACCOUNTING STANDARDS, AFFILIATES, APPLICATION SERVICE PROVIDERS, AUDITING, B2B, BALANCE OF PAYMENTS, BANKING INDUSTRY, BUSINESS INTELLIGENCE, BUSINESS PROCESS OUTSOURCING, BUSINESS PROCESSES, BUSINESS SERVICES, CITIES, CITIZENS, CONSULTING SERVICES, CONTENT MANAGEMENT, CUSTOMER SERVICES, DATA ENTRY, DATA MINING, DATA NETWORKS, DATA WAREHOUSING, DEMONSTRATION EFFECTS, E-COMMERCE, ECONOMIC ANALYSIS, ECONOMIC DEVELOPMENT, ECONOMICS, ELECTRONIC COMMERCE, EMPLOYMENT, FINANCIAL DATA, FINANCIAL INFORMATION, FINANCIAL INSTITUTIONS, FINANCIAL SERVICES, FINANCIAL TRANSACTIONS, HEALTH SERVICES, HUMAN RESOURCE, INFORMATION SHARING, INFORMATION TECHNOLOGY, INNOVATIONS, INSURANCE, INTERNATIONAL TRADE, INTERNET CONTENT, INVENTORY, LABOR COSTS, LAWS, LEGAL SYSTEMS, LEGISLATION, LIFE INSURANCE, MEDIUM SIZED ENTERPRISES, MORTGAGE LOANS, OUTSOURCING, PAYROLL SERVICES, POLICY RESEARCH, PRIVATE SECTOR, PRODUCTIVITY, PROGRAMS, SAVINGS, SOFTWARE DEVELOPMENT, SPILLOVERS, SUBSIDIARY, TAXATION, TELECOM INFRASTRUCTURE, TELECOMMUNICATION, TELECOMMUNICATION SERVICES, TELECOMMUNICATIONS, TEXT, TRANSPORT, WAGES,
Online Access:http://documents.worldbank.org/curated/en/2004/03/3056085/pre-empting-protectionism-services-wto-outsourcing
https://hdl.handle.net/10986/14438
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Summary:Cross-border trade in services is growing rapidly, with both industrial and developing countries among the most dynamic exporters. Despite the substantial global benefits from such trade, the adjustment pressures created in importing countries could provoke a protectionist backlash-some signs of which are already visible in procurement and regulatory restrictions. The current negotiations under the Doha Development Agenda offer an opportunity to lock in current openness and preempt protectionism. This paper describes how a bold initiative under the General Agreement on Trade in Services can help secure openness.