Services Trade Policy and Sustainable Development

Abstract

The realization of many of the sustainable development goals (SDGs) depends on bolstering the performance of services sectors and improving access to specific services in developing countries. We show that prevailing services trade and investment policies impact on access to services that matter for the realization of a number of SDGs: lower trade restrictiveness is an instrument that can enhance the performance of domestic services sectors. An implication is that pursuit of the SDGs should include a focus on facilitating trade and investment in services.

Keywords: Services; Trade Policy; Sustainable Development Goals

JEL Classification: L8; O10; O24