Organizer Asian Development Bank & Asian Development Bank Institute
WTO Library 2019-07-03 13:30-14:00
The services economy is on the rise all around the world. Services provide, in nearly all economies, the largest proportion of economic activity and employment. At the same time, the services economy remains relatively under-studied. The book presents latest evidence on how technologies and globalization have transformed the services industry.
Today, services are increasingly tradable under WTO rules and regional trade agreements. Some services sub-sectors are also seeing rates of productivity growth that are comparable to manufacturing. At the same time, services increasingly contribute to manufacturing success and that countries’ overall economic competitiveness hinges crucially on the availability of high-quality and affordable services inputs. Furthermore, a well-functioning services sector can accelerate human development through better access to basic needs, such as education, energy, finance, health, water and sanitation. Services can also become a source of good jobs that have less negative environmental and social externalities.
Overall, the ongoing structural transformation towards a services economy is a unique change to achieve long run income growth, which in turn helps to promote sustainable development. This book gives ideas on the how and is thus an indispensable read for researchers and policy makers alike.
- Bambang Susantono Vice-President for Knowledge Management and Sustainable Development, Asian Development Bank
Organizer World Bank Group & WTO
WTO Library 2019-07-03 12:15-12:45
The session will provide new evidence on how international trade can create valuable economic opportunities for the poorest and most vulnerable who live in rural areas, work in the informal sector, live in fragile and conflict-affected regions and face gender inequality. The evidence is based on 8 country/regional studies conducted in the developing world, namely, Cambodia, Lao PDR, Ghana, India, Tanzania, Tunisia, Uganda and Viet Nam. It will also highlight the constraints that hold back the poorest from taking full advantage of the benefits of trade and what policymakers can do to remedy the problems.
- Paul Brenton Trade Practice Leader in the Africa Region, World Bank Group
- Roberta Piermartini Senior Economist, World Trade Organization
- Robert Teh Chief of the Economic Modelling and Quantitative Analysis Unit, World Trade Organization
Organizer OECD & WTO
WTO Library 2019-07-03 11:15-11:45
Heads of the OECD and WTO Secretariats will launch a joint publication: “Facilitating trade through regulatory cooperation: The case of the WTO’s TBT/ SPS Agreements and Committees”.
Diversity in regulation, while sometimes resulting from legitimate differences in societal preferences and priorities, can in some cases be narrowed to facilitate trade and promote better regulation. International regulatory cooperation (IRC) between Members, through various mechanisms and settings, can help to reduce trade costs while respecting differences in regulatory objectives.
This publication explores how the WTO TBT and SPS Agreements, and their related Committees, set out and implement disciplines for domestic regulations and standards that at the same time create opportunities for IRC to facilitate trade. It emphasizes how key disciplines of the Agreements (e.g. notification of draft measures, and the use of international standards) and practices of the Committees (e.g. discussion of specific trade concerns, development of guidance through decisions and recommendations) promote cooperation.
This publication was co-authored by the OECD and WTO Secretariats. It was developed within the framework of OECD work on IRC, as part of a series of case studies of international organizations.
- Céline Kauffmann Deputy Head, Regulatory Policy Division, Public Governance Directorate, Organisation of Economic Co-operation and Development
- Aik Hoe Lim Director, Trade and Environment Division, World Trade Organization
- Roberto Azevêdo Director-General, World Trade Organization
- Angel Gurría Secretary-General, Organisation for Economic Co-operation and Development