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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5618 |
DP5618 Risk Transfer with CDOs and Systemic Risk in Banking | |
Jan Pieter Krahnen; Christian Wilde | |
发表日期 | 2006-04-20 |
出版年 | 2006 |
语种 | 英语 |
摘要 | This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the WTO. A distinction is made between market access liberalization and the regulatory preconditions for benefiting from market opening. We argue that moving forward on multilateral services liberalization requires a shift from bilateral request-offer negotiations to a model schedule approach that sets ambitious objectives - ideally full national treatment for the major backbone services. Attainment of such objectives, especially by smaller and poorer members, requires procompetitive regulation and strengthened regulatory institutions in developing countries. This suggests linking implementation of liberalization commitments to the provision of development assistance (?aid for trade?) to bolster regulatory capacity and enforcement could enhance the relevance of the WTO for developing countries. Bolstering WTO mechanisms to monitor the actions of both developing and high-income country governments could make the institution much more relevant in promoting not just services liberalization but, more importantly, domestic reform of services policies. |
主题 | International Trade and Regional Economics |
关键词 | Services trade investment Wto Negotiations Doha round |
URL | https://cepr.org/publications/dp5618 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534491 |
推荐引用方式 GB/T 7714 | Jan Pieter Krahnen,Christian Wilde. DP5618 Risk Transfer with CDOs and Systemic Risk in Banking. 2006. |
条目包含的文件 | 条目无相关文件。 |
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