This book contains selected papers from the First World Services Congress, a forum designed to enhance awareness of the increasingly important role of services in the global economy and to reach out to governments, the business community, international organizations, academicians, and the media. The Congress served as a vehicle for the presentation and discussion of academic research on the entire spectrum of services issues, as well as business options and issues. The volume is divided into three parts. Part 1 deals with measurement, modeling, and analysis and covers such topics as measuring productivity in services; forecasting trade in services; data needs for services negotiations; modeling the economic effects of barriers to tradein services; imperfect competition and services liberalization; multilateral and regional liberalization of services; and measurement of service sector performance. Part 2 examines the role of services in developing economies,...

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