TRP 504

Economic and Legal Aspects of Trade in Services

Course ID
TRP 504

Course Justification

The course addresses key issues in the law and economics of services trade; explores sectoral negotiating challenges in selected sectors, focuses particular attention on the challenge of labour mobility and addresses key political economy constraints arising from services rule-making and market opening. Moreover, the second day sessions also aim at introducing participants to different methods used in assessing the barriers of entry to services sectors which could have a negative impact on the performance of the sectors, and hence on the economy in general. The session also addresses the different types of methodologies used to assess restrictiveness including the ones that address the level and the ones that address the effect of the restrictions on price-cost margins. This is followed by sessions will delve in sectoral details on how to assess the restrictiveness of such sector. The sectors that are tackled include telecommunications and logistics and transport. The session will use templates used by the World Bank and other organizations as OECD and European Union on assessing the degree of restrictiveness of the different sectors.

Module Objectives

The objective of the course is to expose the students to the advanced analysis of the law and economics of trade in services. At the end of the course the student is expected to;

  1. Critique the GATS in relation to developing countries
  2. Assess the restrictiveness of services barriers and regulations and their impact
  3. Examine feasible approaches to services reforms.

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