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Trading Services in the Global Economy

Edited by Juan R. Cuadrado-Roura, Professor of Economics, The Service Activities Research Laboratory (Servilab), University of Alcalà, Luis Rubalcaba, University of Alcalá, Madrid, Spain and VTT and John R. Bryson, Professor of Enterprise and Competitiveness, City-Region Economic Development Institute, Birmingham Business School, University of Birmingham, UK
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.
Extent: 320 pp
Hardback Price: $155.00 Web: $139.50
Publication Date: 2002
ISBN: 978 1 84064 610 8
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  • Economics and Finance
  • Industrial Organisation
  • International Economics
  • Services
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.
‘Globalisation is a new phenomenon in our economic history. The way our service economy responds to this mega trend is largely unknown. This volume brings together a unique collection of original studies on trading services in a global economy. They all open up new horizons of refreshing insights in a complex phenomenon.’
– Peter Nijkamp, VU University Amsterdam, The Netherlands

‘This is an outstanding compilation of new materials by some of the leading authors in this field. They demonstrate fundamental understanding of the issues and provide a penetrating perspective that can only be fully appreciated by those with a global viewpoint.’
– Kingsley E. Haynes, George Mason University, US
Contributors: J. Arkell, S. Balibrea, J.R. Bryson, J.R. Cuadrado-Roura, P.W. Daniels, O. Giarini, D. Hartridge, P.-Y. Leo, J.-Y. Muylle, J. Philippe, J. Rubalcaba-Bermejo, P. Sauvé, P. Sjøholt, R. Vastine
Full Contents: Preface 1. The Relationship between Services and Globalisation Part I: Globalisation and Services: Concepts and Trends 2. Services in the Age of Globalisation: Explanatory Interrelations and Dimensions 3. The Globalisation of Services in Economic Theory and Economic Practice: Some Conceptual Issues 4. A Comparative Approach to the Internationalisation of Service Industries Part II: Global Trade, Global Investment and Global Management 5. EU Service Trade, with Particular Reference to Business and Professional Services 6. Transaction Modes and the Internationalisation of Business Service Firms in the Haute-Garonne 7. Internationalisation of Commercial Activities: Some Recent Theoretical Contributions and Empirical Evidence 8. ‘Trading’ Business Knowledge between Countries: Consultants and the Diffusion of Management Knowledge Part III: The Liberalisation of Service Trade – The GATS 9. Services Trade and Globalisation: Governmental Services and Public Policy Concerns 10. The Liberalisation of International Trade in Services: Issues of Competence and Legitimacy for the GATS – and the Impact of its Rules on Institutions 11. GATS 2000: The Issues at Stake, An EC Perspective 12. An American Policy Perspective on Service Trade: The Views of the Coalition of Service Industries on the United States Negotiating Objectives for Services at the Seattle WTO 13. Developing Countries and the GATS 2000 Round 14. A Real Single Market for Services? Index