Services Trade And Development : The Experience Of Zambia

Business & Finance, Economics, Development & Growth
Cover of the book Services Trade And Development : The Experience Of Zambia by Mattoo Aaditya ; Payton Lucy, World Bank
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Author: Mattoo Aaditya ; Payton Lucy ISBN: 9780821368497
Publisher: World Bank Publication: March 21, 2007
Imprint: Language: English
Author: Mattoo Aaditya ; Payton Lucy
ISBN: 9780821368497
Publisher: World Bank
Publication: March 21, 2007
Imprint:
Language: English
Some see trade in services as irrelevant to the development agenda for least developed countries (LDCs). Others see few benefits from past market openings by LDCs. This book debunks both views. It finds that serious imperfections in Zambia's reform of services trade deprived the country of significant benefits and diminished faith in liberalization. What is to be done? Move aggressively and consistently to eliminate barriers to entry and competition. Develop and enforce regulations to deal with market failures. And implement proactive policies to widen the access of firms, farms, and consumers to services of all kinds. These lessons from Zambia are applicable to all LDCs. In all this, international agreements can help. But to succeed, LDCs must commit to open markets and their trading partners must provide assistance for complementary reforms. Zambia, which leads the LDC group at the World Trade Organization, can show the way.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Some see trade in services as irrelevant to the development agenda for least developed countries (LDCs). Others see few benefits from past market openings by LDCs. This book debunks both views. It finds that serious imperfections in Zambia's reform of services trade deprived the country of significant benefits and diminished faith in liberalization. What is to be done? Move aggressively and consistently to eliminate barriers to entry and competition. Develop and enforce regulations to deal with market failures. And implement proactive policies to widen the access of firms, farms, and consumers to services of all kinds. These lessons from Zambia are applicable to all LDCs. In all this, international agreements can help. But to succeed, LDCs must commit to open markets and their trading partners must provide assistance for complementary reforms. Zambia, which leads the LDC group at the World Trade Organization, can show the way.

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