Date: 2018
Type: Contribution to book
Services market liberalization, economic governance, and trade agreements
Nauro F. CAMPOS, Paul DE GRAUWE and Yuemei JI (eds), The political economy of structural reforms in Europe, Oxford : Oxford university press, 2018, Oxford scholarship online : economics and finance module; pp. 189-219
FIORINI, Matteo, HOEKMAN, Bernard M., Services market liberalization, economic governance, and trade agreements, in Nauro F. CAMPOS, Paul DE GRAUWE and Yuemei JI (eds), The political economy of structural reforms in Europe, Oxford : Oxford university press, 2018, Oxford scholarship online : economics and finance module; pp. 189-219
- https://hdl.handle.net/1814/60572
Retrieved from Cadmus, EUI Research Repository
Recent research on the interaction between services trade and investment restrictions and the quality of economic regulation has shown that the productivity growth benefits from liberalization depend importantly on the quality of economic governance. We provide quantitative estimates of the extent of potential downstream productivity gains from services liberalization for EU countries and how these are conditional on domestic economic governance performance; we discuss several dimensions of the state of play in the EU with respect to implementation of the Services Directive and realization of the Single Market objective. We argue that more attention should be given to the design of services trade agreements in improving economic governance, and make several suggestions how this could be done.
Cadmus permanent link: https://hdl.handle.net/1814/60572
Full-text via DOI: 10.1093/oso/9780198821878.003.0010
ISBN: 9780191861000
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