The Looming GATS Conflict with Capital Controls
Kevin Gallagher and Leonardo Stanley (eds.), Global Financial Reform and Trade Rules: The Need for Reconciliation, (Boston: Boston University, 2013).
10 Pages Posted: 15 Jan 2014
Date Written: 2013
Abstract
This chapter explores countries’ obligations when they make specific commitments under the World Trade Organization's General Agreement on Trade in Services. It also analyzes the exceptions to those obligations, and offers some concluding thoughts about why more scholarly concern has been expressed about financial service constraints in bilateral investment treaties than about those in the WTO's multilateral regime.
Keywords: financial services, WTO, GATS, capital controls, prudential regulation, trade agreements
JEL Classification: F13, F32, F36
Suggested Citation: Suggested Citation