Felix Eschenbach
Research Subjects
Felix Eschenbach has a total of 1 co-authors. Here are the top co-authors by number of shared publications:
Bernard Hoekman
World Bank
2 shared publications
Latest Publications
- 1 December 2006
- Published by Springer Nature in Review of World Economics
- Vol. 142 (4) , 746-764
Services Policy Reform and Economic Growth in Transition Economies
- 1 December 2006
- Published by Springer Nature in Review of World Economics
- Vol. 142 (4) , 746-764
Services Policy Reform and Economic Growth in Transition Economies
- Open Access
- 1 July 2006
- Published by Cambridge University Press (CUP) in World Trade Review
- Vol. 5 (3) , 415-443
Services policies in transition economies: on the EU and WTO as commitment mechanisms
We analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. GATS commitments are compared with the evolution of actual policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS commitments, we find an inverse relationship between the depth of GATS commitments and the ‘quality’ of actual services policies as assessed by the private sector. In part this can be explained by the fact that the prospect of EU accession makes GATS less relevant as a commitment device for a subset of transition economies. However, for many of the non-EU accession candidates the WTO seems to be a weak commitment device. One explanation is that the small size of the markets concerned generates weak external enforcement incentives. Our findings suggest greater collective investment by WTO members in monitoring and transparency is needed to increase the benefits of WTO membership to small countries.
- 1 July 2006
- Published by Cambridge University Press (CUP) in World Trade Review
- Vol. 5 (3) , 415-443
Open AccessServices policies in transition economies: on the EU and WTO as commitment mechanisms
We analyze the extent to which the EU-15 and 16 transition economies used the WTO General Agreement on Trade in Services (GATS) to commit to service sector policy reforms. GATS commitments are compared with the evolution of actual policy stances over time. While there is substantial variance across transition economies on both actual policies and GATS commitments, we find an inverse relationship between the depth of GATS commitments and the ‘quality’ of actual services policies as assessed by the private sector. In part this can be explained by the fact that the prospect of EU accession makes GATS less relevant as a commitment device for a subset of transition economies. However, for many of the non-EU accession candidates the WTO seems to be a weak commitment device. One explanation is that the small size of the markets concerned generates weak external enforcement incentives. Our findings suggest greater collective investment by WTO members in monitoring and transparency is needed to increase the benefits of WTO membership to small countries.