Liberalizing Trade In Services: Strategies For Success

Rejecting loose comparisons with international trade in goods, this interesting study stresses the special characteristics of international service activities and the complexities of liberalizing regulated industries. Mr. Nicolaides of Chatham House is critical of the European Community's efforts to combine liberalization with the harmonization of national measures. He gives a good account of how service issues have been handled in GATT, shows why developing countries have a serious interest in taking part in such negotiations and recommends for all countries that "foreign service-providers should be treated in the same manner as domestic providers."