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  • MPI Ethno. Forsch.  (3)
  • HeBIS
  • Hoekman, Bernard  (2)
  • Arena, Marco  (1)
  • Washington, D.C : The World Bank  (3)
  • Developing Countries  (3)
  • Connectiveness
  • 1
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hoekman, Bernard Regulatory Cooperation, Aid For Trade And The General Agreement On Trade In Services
    Keywords: Banks and Banking Reform ; Best Market ; Business Practice ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Free Trade ; Growth Rate ; International Cooperation ; International Economics & Trade ; Liberalization ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Regulators ; Technological Change ; Trade and Services ; World Trade ; Banks and Banking Reform ; Best Market ; Business Practice ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Free Trade ; Growth Rate ; International Cooperation ; International Economics & Trade ; Liberalization ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Regulators ; Technological Change ; Trade and Services ; World Trade ; Banks and Banking Reform ; Best Market ; Business Practice ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Free Trade ; Growth Rate ; International Cooperation ; International Economics & Trade ; Liberalization ; Macroeconomics and Economic Growth ; Market Access ; Private Sector Development ; Regulators ; Technological Change ; Trade and Services ; World Trade
    Abstract: This paper discusses what could be done to expand services trade and investment through a multilateral agreement in the World Trade Organization. A distinction is made between market access liberalization and the regulatory preconditions for benefiting from market opening. The authors argue that prospects for multilateral services liberalization would be enhanced by making national treatment the objective of World Trade Organization services negotiations, thereby clarifying the scope of World Trade Organization commitments for regulators. Moreover, liberalization by smaller and poorer members of the World Trade Organization would be facilitated by complementary actions to strengthen regulatory capacity. If pursued as part of the operationalization of the World Trade Organization's 2006 Aid for Trade taskforce report, the World Trade Organization could become more relevant in promoting not just services liberalization but, more importantly, domestic reforms of services policies
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (22 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Arena, Marco Does Insurance Market Activity Promote Economic Growth ?
    Keywords: Bank Policy ; Banking Sector ; Banks and Banking Reform ; Bond ; Debt Markets ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Intermediation ; Financial Literacy ; Financial Systems ; Insurance ; Insurance Law ; Insurance Market ; Insurance Markets ; Insurance Premiums ; Insurance and Risk Mitigation ; Law and Development ; Macroeconomics and Economic Growth ; Private Sector Development ; Bank Policy ; Banking Sector ; Banks and Banking Reform ; Bond ; Debt Markets ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Intermediation ; Financial Literacy ; Financial Systems ; Insurance ; Insurance Law ; Insurance Market ; Insurance Markets ; Insurance Premiums ; Insurance and Risk Mitigation ; Law and Development ; Macroeconomics and Economic Growth ; Private Sector Development ; Bank Policy ; Banking Sector ; Banks and Banking Reform ; Bond ; Debt Markets ; Developing Countries ; Economic Theory and Research ; Emerging Markets ; Emerging Markets ; Exchange ; Finance and Financial Sector Development ; Financial Intermediation ; Financial Literacy ; Financial Systems ; Insurance ; Insurance Law ; Insurance Market ; Insurance Markets ; Insurance Premiums ; Insurance and Risk Mitigation ; Law and Development ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: Insurance market activity, both as a financial intermediary and a provider of risk transfer and indemnification, may contribute to economic growth by allowing different risks to be managed more efficiently and by mobilizing domestic savings. During the past decade, there has been faster growth in insurance market activity, particularly in emerging markets given the process of liberalization and financial integration, which raises questions about its impact on economic growth. The author tests whether there is a causal relationship between insurance market activity (life and nonlife insurance) and economic growth. Using the generalized method of moments for dynamic models of panel data for 56 countries and for the 1976-2004 period, he finds robust evidence of a causal relationship between insurance market activity and economic growth. Both life and nonlife insurance have a positive and significant causal effect on economic growth. High-income countries drive the results in the case of life insurance. On the other hand, both high-income and developing countries drive the results in the case of nonlife insurance
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Hoekman, Bernard Competition Policy, Developing Countries, and the World Trade Organization
    Keywords: Access to Markets ; Barriers ; Competition ; Competition Policies ; Competition Policy ; Developing Countries ; Developing Country ; Domestic Competition ; Economic Development ; Economic Theory and Research ; Education ; Emerging Markets ; Export Markets ; Foreign Competition ; Free Trade ; ICT Policy and Strategies ; Information and Communication Technologies ; Interest ; Interests ; International Cooperation ; International Economics & Trade ; Investment ; Investment Policies ; Jurisdictions ; Knowledge for Development ; Labor Policies ; Law and Development ; Macroeconomics and Economic Growth ; Market Access ; Markets and Market Access ; Monopoly ; Private Sector Development ; Public Sector Development ; Social Protections and Labor ; Trade Law ; Trade Policy ; Traditional Market ; World Trade ; Access to Markets ; Barriers ; Competition ; Competition Policies ; Competition Policy ; Developing Countries ; Developing Country ; Domestic Competition ; Economic Development ; Economic Theory and Research ; Education ; Emerging Markets ; Export Markets ; Foreign Competition ; Free Trade ; ICT Policy and Strategies ; Information and Communication Technologies ; Interest ; Interests ; International Cooperation ; International Economics & Trade ; Investment ; Investment Policies ; Jurisdictions ; Knowledge for Development ; Labor Policies ; Law and Development ; Macroeconomics and Economic Growth ; Market Access ; Markets and Market Access ; Monopoly ; Private Sector Development ; Public Sector Development ; Social Protections and Labor ; Trade Law ; Trade Policy ; Traditional Market ; World Trade
    Abstract: October 1999 - Developing countries have a great interest in pursuing active domestic competition policy but should do so independent of the World Trade Organization - which they should use to improve market access through further reduction in direct barriers to trade in goods and services. Hoekman and Holmes discuss developing country interests in including competition law disciplines in the World Trade Organization (WTO). Developing countries have a great interest in pursuing active domestic competition policy, they conclude, but should do so independent of the WTO. Given the mercantilist basis of multilateral trade negotiations, the WTO is less likely to be a powerful instrument for encouraging adoption of welfare-enhancing competition rules than it is to be a forum for abolishing cross-border measures. Developing countries should therefore give priority to using the WTO to improve market access - to further reduce direct barriers to trade in goods and services. This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to analyze issues that may be the subject of WTO negotiations. The authors may be contacted at bhoekmanworldbank.org or p.holmes@sussex.ac.uk
    URL: Volltext  (Deutschlandweit zugänglich)
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