Cookies Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Gats Negotiations on Domestic Regulation a Developing Country Perspective

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this chapter

+ Tax (if applicable)

Chapter Summary

According to the liberal theory of economic regulation, regulation is mostly aimed at correcting market failures and its rationale for existence stems from the public interest to address such market failures. Welfare economics has analysed the different market failures all of which are prevalent in the different services sectors. The ultimate objectives of regulation is to address issues of equity, accessibility, availability, and quality/safety as well as ethical issues - also beyond their manifestation as market failures. This chapter looks at the particular challenges, developing countries face in the current negotiations on domestic regulation. First, it reviews the mandate for and recent developments in the GATS negotiations on domestic regulation; second, it outlines key features which are being considered for the possible future disciplines; third, it highlights the negotiating dynamic and challenge which developing countries face, and in that context, focuses on options to preserve policy space for development.

Keywords: developing countries; domestic regulation; economic regulation; General Agreement on Trade in Services (GATS); market failures; negotiating dynamic; preserve policy space; service sectors



Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
    The World Trade Organization and Trade in Services — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation