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dc.contributor.authorCANTORE, Carlo Maria
dc.date.accessioned2018-06-28T13:42:17Z
dc.date.available2018-06-28T13:42:17Z
dc.date.issued2018
dc.identifier.citationNew York : Cambridge University Press, 2018en
dc.identifier.isbn9781108415767
dc.identifier.urihttp://hdl.handle.net/1814/56164
dc.description.abstractThe World Trade Organization's General Agreement on Trade in Services (GATS) sets out a framework and rules for the liberalization of international trade in services. Paragraph 2(a) of the GATS Annex on Financial Services is generally known as the Prudential Carve-Out (PCO). Notwithstanding GATS obligations, it allows WTO Members to pursue prudential regulatory objectives. This book studies the GATS PCO in light of its negotiating history and economic rationale as well as PCOs in all preferential trade agreements notified to the WTO Secretariat up to the summer of 2017. The author clarifies the state of play of international cooperation on financial services regulation; provides a current understanding of the GATS PCO; analyses how PCOs are drafted in preferential trade agreements and, finally, he seeks to understand whether alternative approaches to the mainstream understanding of the PCO are possible and suggests options for reform.en
dc.description.tableofcontents-- 1. The subject matter of the study -- 2. International cooperation on financial services and prudential measures: WTO and beyond -- 3. The current understanding of the GATS PCO -- 4. Prudential Carve-Outs in Preferential Trade Agreements -- 5. A possible alternative approach -- 6. Suggestions for reformen
dc.language.isoenen
dc.publisherCambridge University Pressen
dc.relation.isversionofhttp://hdl.handle.net/1814/38106en
dc.titleThe prudential carve-out for financial services : rationale and practice in the GATS and preferential trade agreementsen
dc.typeBooken
eui.subscribe.skiptrue
dc.description.versionPublished version of EUI PhD thesis, 2015en


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