Evaluating the Contributions of Regional Trade Agreements to Governance of Services Trade

31 Pages Posted: 31 Aug 2011

See all articles by Sherry M. Stephenson

Sherry M. Stephenson

Organization of American States

Maryse Robert

Organization of American States

Date Written: August 30, 2011

Abstract

Since the early 1990s, regional trade agreements (RTAs) covering trade in services have proliferated, with 95 RTAs on services notified to the World Trade Organization (WTO) under Article V of the General Agreement on Trade in Services (GATS), as of June 2011. This paper discusses how RTAs support or debilitate the GATS in its governance function as the keeper of rules and liberalization commitments on services trade for WTO members. It addresses this question and its implications for governance by focusing on four different issues: architecture; compliance; ability to promote reforms; and actual impact of RTAs in fostering services trade.

Keywords: regional trade agreements, GATS, political economy, trade in services, WTO, multilateralizing regionalism

JEL Classification: F13, F15, F59

Suggested Citation

Stephenson, Sherry M. and Robert, Maryse, Evaluating the Contributions of Regional Trade Agreements to Governance of Services Trade (August 30, 2011). ADBI Working Paper 307. Available at SSRN: https://ssrn.com/abstract=1920012 or http://dx.doi.org/10.2139/ssrn.1920012

Sherry M. Stephenson (Contact Author)

Organization of American States ( email )

1889 F St. NW
Washington, DC 20006
United States

Maryse Robert

Organization of American States ( email )

1889 F St. NW
Washington, DC 20006
United States

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