Pressing issues of global free trade in services

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In recognition of the economic significance of trade in services to growth, the Uruguay Round concluded a legally enforceable agree­ment to promote free trade in services. This article examines the legislative history of that agreement, the enthusiasm of its pro­ponents, the concern of its opponents, and its inclusion in the WTO package. It critically analyses the major provisions of the agreement. It appraises the fairness and equity of the agreement by evaluating its impact on major stakeholders, particularly on developing and the least-developed countries. It is this dimension of the agreement that exposes the unfairness of fair trade in services and its north-south tension. Finally, it explores some options for improvement.
Original languageEnglish
Title of host publicationBalancing act
Subtitle of host publicationlaw, policy and politics in globalisation and global trade
EditorsJianfu Chen, Gordon Walker
Place of PublicationLeichhardt, N.S.W.
PublisherThe Federation Press
Pages251-282
Number of pages32
ISBN (Print)1862875391
Publication statusPublished - 2004

Publication series

NameLaw in context
PublisherThe Federation Press
Volume21

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  • Cite this

    Islam, M. R. (2004). Pressing issues of global free trade in services. In J. Chen, & G. Walker (Eds.), Balancing act: law, policy and politics in globalisation and global trade (pp. 251-282). (Law in context; Vol. 21). Leichhardt, N.S.W.: The Federation Press.