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This important study explains the vital role that services play in the global economy, and discusses gains to be had by all WTO members from liberalization of trade in services.
It argues that the Doha Development Agenda, or Doha “Round” of World Trade Organization (WTO) talks provides a once-in-a-generation opportunity to realize the multilateral liberalization of international trade and investment in services.
It describes dozens of instances in which liberalization has led to growth, with special emphasis on five key service sectors that make substantial and unique contributions to economic growth, development, and living standards: financial services, express delivery, business services, audiovisual services, and telecommunications.
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