The Depth of the Trade in Services Agreement
The Depth of the Trade in Services Agreement:
http://digitalcommons.law.byu.edu/cgi/viewcontent.cgi?article=1111&context=ilmr
THE
DEPTH OF THE TRADE IN SERVICES AGREEMENT
Harold Godsoe
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TABLE OF CONTENTS
I. Introduction
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II. The Elements of TISA
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A. Plurilateral Negotiations
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B. A Standalone Deal Outside of the WTO
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4
C. Market Access Expectations
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D. Positive List for Scheduling Market Access Concessions
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4
E. Negative List for National Treatment Commitments (The New Hybrid Approach)
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F. Ratchet-in & Standstill Lock-ins for National Treatment (But Not for Market Access)
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G. Expectations for New Rules
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III. A Feasibility Test for Trade Agreements
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A. The Economic Factor: No Risks in Liberalization for the Developed Countries
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1. If Service Liberalization is Similar to Goods
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2. If Service Liberalization is Different
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B. The Consensus Factor: No Multilateralization
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C. The Constituencies Factor: Liberalization will be Subject to Political Skill
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D. The Sovereignty Factor: Shallow Regulatory Convergence
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E. The Credence Factor: Subject to Improvement; Falling Short of Multilateralization
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F
. The Tractability Factor: We’re Liberalizing in the Dark
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G. The Resources Factor: Too Few Negotiators, Regulators, and Money
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IV. Conclusion
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A. More Research, Theory, and Data on Services Trade
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B. A Multilateral Effort on Regulatory Convergence
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C. Additional Recommendations
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