Trade in Services in the Asia-Pacific RegionTakatoshi Ito, Anne O. Krueger In recent years the tremendous growth of the service sector—including international trade in services—has outstripped that of manufacturing in many industrialized nations. As the importance of services has grown, economists have begun to focus on policy issues raised by them and have tried to understand what, if any, differences there are between production and delivery of goods and services. This volume is the first book-length attempt to analyze trade in services in the Asia-Pacific region. Contributors provide overviews of basic issues involved in studying the service sector; investigate the impact of increasing trade in services on the economies of Taiwan, Korea, and Hong Kong; present detailed analyses of specific service sectors (telecommunications, financial services, international tourism, and accounting); and extend our understanding of trade in services beyond the usual concept (measured in balance of payment statistics) to include indirect services and services undertaken abroad by subsidiaries and affiliates. |
Contents
| 1 | |
| 11 | |
Lessons from the GATS | 47 |
Matching Policies to Objectives | 79 |
A Computable General Equilibrium Analysis | 99 |
5 The Growth and Potential of Taiwans Foreign Trade in Services | 137 |
6 Liberalization of Trade in Services and Productivity Growth in Korea | 179 |
A Hong Kong Perspective | 209 |
9 Koreas Liberalization of Financial Services Trade | 283 |
10 A Study of Competitiveness of International Tourism in the Southeast Asian Region | 315 |
The Case of Accountancy Services in Japan | 347 |
12 Services Trade in East Asia | 379 |
The Case of Japan | 429 |
Contributors | 481 |
Author Index | 485 |
| 489 | |
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Trade in Services in the Asia-Pacific Region Takatoshi Ito,Anne O. Krueger No preview available - 2003 |
Common terms and phrases
accountancy services affiliates agreements analysis barriers to trade business services capital China coefficient commercial presence commitments comparative advantage competition cost cross-border destinations developing countries domestic effect establishment estimates exports of services factor foreign banks Foreign direct investment foreign firms FSPs FTAP GATS global GTAP Hong Kong impact imports income increase Indonesia industries input-output table inputs Institute JAFFs Japan Japanese keiretsu Korea Korean banks licensing Malaysia manufacturing market access multilateral national treatment negotiations output paper percent Philippines productivity ratio reform region regulations regulatory Research restrictions retail service exports service providers service sector services market services trade liberalization share significant simulation Singapore Source SSPs statistics subsectors subsidiaries supply Taiwan tariff equivalents Telecom telecommunications Thailand tion tourism Toyo Keizai trade in services trade liberalization transactions transport services United variables vices wholesale wishes World Trade World Trade Organization