FinkMeasurementTradeInServicesColombia

FinkMeasurementTradeInServicesColombia - 1 Measuring Trade...

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Unformatted text preview: 1 Measuring Trade in Services Training Module Carsten Fink Based on the presentation by Andreas Maurer (WTO) at the World Bank Trade in Services Course in Washington, DC, April 2004 2 Which statistical framework do we need to measure international trade in services flows? What is the current state and which improvements can we expect? What do available statistics show? How to improve the collection of data? Overview 3 35 45 55 65 75 1990 1995 2000 Share of Services Value Added in GDP by Economic Groups Developed countries Developing countries World Economic activity percent 4 Exports of Goods and Services, 1980-2002 50 100 150 200 250 300 350 400 450 1 9 8 8 2 8 4 8 6 8 8 9 9 2 9 4 9 6 9 8 2 2 2 (1980=100) 1500 3000 4500 6000 7500 9000 10500 12000 Billion $ Goods Services Services Goods GDP Services and TIS 5 Specifics of Trade in Services Services represent 20% of world trade, however, account for 2/3 of world GDP only Intangible nature of services Conventional trade statistics do not cover all international trade in services, because of the Many services require the physical proximity of provider and consumer: GATS therefore distinguishes 4 modes of delivery 6 The 4 Modes of Supply Under GATS COUNTRY A COUNTRY B Mode 1: service transactions Mode 2: service transactions Mode 3: service transactions Consumer from A Consumer from A Company Foreign affiliate Consumer from A Supplier Direct investment in country A Service supply Consumer from A Supplier The service crosses the border The consumer goes abroad Service supply GATS 7 The 4 Modes of Supply Under GATS Mode 4: service transactions Mode 4: employment Service firm Natural person Temporary employment Consumer from A Natural person Natural person Service supply Self-employed goes to country A or employee sent by firm from B COUNTRY A COUNTRY B GATS 8 What is the problem for the statistical framework? Goods cross-border response: - International Merchandise Trade Statistics (IMTS), Rev.2 - Compilers Manual Services mode 1: cross-border mode 2: consumption abroad mode 3: commercial presence mode 4: movement of natural persons response: - Manual on Statistics of International Trade in Services (MSITS)- Compilation guidance Manual 9 The Manual on Statistics of International Trade in Services Guidelines and recommendations on the measurement of trade in services Balance of Payments statistics Foreign Affiliates Trade in Services statistics Manual Annex: Movement of natural persons 10 Principles of recording BOP transactions The Extended Balance of Payments classification Statistics by trading partner Availability of BOP/EBOPS trade in services statistics Statistics on Resident-Non Resident Trade in Services (BOP) BOP 11 Of interest to trade negotiators but......
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This note was uploaded on 03/11/2012 for the course INTERNATIO various taught by Professor Mariolondoño during the Spring '12 term at Universidad de Antioquia.

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FinkMeasurementTradeInServicesColombia - 1 Measuring Trade...

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