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Domestic Preparedness for Trade in Services Liberalization: Are East African Countries prepared for Further Trade Liberalization?

Iberoamerican Journal of Development Studies

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Title Domestic Preparedness for Trade in Services Liberalization: Are East African Countries prepared for Further Trade Liberalization?
Preparación doméstica para la liberalización del comercio de servicios. ¿Están los países africanos preparados para una mayor liberalización comercial?
 
Creator Bagumhe, Elias Peter
 
Subject —
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Description Services are the fastest growing sectors in the global economy. Over the past decades East African countries have witnessed even faster growing rates of the share of trade services in their GDPs. The total services export of EAC countries increased from USD 1868 mills in 1995 to USD 5681 mills in 2008 (WDI 2010) which is approximately three times increase compared to 1995. Along with this growth, liberalization of services trade is becoming a critical economic agenda of these economies. EAC countries have also made unilateral liberalizations in a number of services sectors since the mid 1980’s. On top of that EAC countries have also made commitment to liberalize service trade at the multilateral level. Furthermore a significant commitment of their services sectors has been made under the East African Integration Process beginning from first July 2010. This paper argues that although the importance of services as a share of overall GDP, increase with growth on FDI and employment. Its growth can be driven by number of factors, such as final demand factors and basic structural changes in production, linked to development. Weak domestic preparedness before opening up is likely to be associated with unsatisfactory and undesirable outcomes of services trade liberalization. This paper tries to expound issues that are essential on domestic preparedness for service trade liberalization and analyses the associated concerns. The purpose of this paper is not to provide answers but to shed some light on how services Trade liberalization is currently operationalized in the East African countries, in particular, that is, to open up the “black box”, and indicate the operational design elements around which variance is the highest.


CITE AS:
Bagumhe, E. P. (2012). Preparación doméstica para la liberalización del comercio de servicios. ¿Están los países africanos preparados para una mayor liberalización comercial?. Iberoamerican Journal of Development Studies, 1 (2): 28-51
El sector servicios es el de mayor crecimiento en la economía global. En los países del Este de África, en las últimas décadas, se ha producido el mayor incremento histórico de la proporción del comercio de servicios en su PIB. El total de servicios exportados en estos países se multiplicó por tres, pasando de 1868 millones de dólares en 1995 a 5861 millones de dólares en 2008 (WDI 2010). Junto con este crecimiento, la liberalización del comercio de servicios se está convirtiendo en un asunto crucial en la agenda económica de estos países. Los países del Este de África han llevado a cabo liberalizaciones unilaterales en una serie de servicios desde mediados de los ochenta. También se han comprometido a liberalizar el comercio de servicios a un nivel multilateral. Asimismo, un compromiso adicional se ha producido en el marco del Proceso de Integración del Este de África, comenzado en julio de 2010. Este artículo analiza las implicaciones en términos de crecimiento de ayuda externa y empleo. Otros factores son analizados, como la demanda final y cambios estructurales básicos en la producción, ligados al desarrollo. Una débil preparación interna antes de la apertura probablemente provocará resultados insatisfactorios e indeseables tras la liberalización del comercio de servicios. Este artículo trata de abordar temas esenciales en la preparación interna para la liberalización comercial. Su objetivo no es tanto proporcionar respuestas sino ilustrar cómo la liberalización comercial de servicios se está llevando a cabo en estos países. En particular, trata de abrir la «caja negra» indicando los elementos de diseño operativo de mayor variabilidad.


CITAR COMO:
Bagumhe, E. P. (2012). Preparación doméstica para la liberalización del comercio de servicios. ¿Están los países africanos preparados para una mayor liberalización comercial?. Iberoamerican Journal of Development Studies, 1 (2): 28-51
 
Publisher Universidad de Zaragoza
 
Contributor —
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Date 2012-11-06
 
Type —
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Format application/pdf
 
Identifier http://ried.unizar.es/index.php/revista/article/view/63
10.26754/ojs_ried/ijds.63
 
Source Revista iberoamericana de estudios de desarrollo = Iberoamerican journal of development studies; Vol 1, Issue 2 (2012): July - December 2012; 28-51
Revista iberoamericana de estudios de desarrollo = Iberoamerican journal of development studies; Vol 1, Issue 2 (2012): July - December 2012; 28-51
 
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International.