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本科毕业论文外文翻译
题目:Assessing the Benefits to Developing Countries of Liberalization in Service Trade
出处:The world Economy, Volume 27,Issue 8, August 2004,Page:1225-1253
作 者: John Whalley
原 文: Assessing the Benefits to Developing Countries of
Liberalization in Services Trade
Nature of Services
The paper begins by characterizing services as a majority of activity for most OECD economies (as measured by employment, and by value added originating), and a smaller but still large portion of activity for poorer developing countries. It suggests that so-called ‘core’ services can best be thought of (see Melvin, 1989) as relating to intermediation through time (banking, insurance) or space (telecoms, transportation, retailing, wholesaling), with a wide range of diverse additional service items making up the balance of what most people refer as Services (tourism, consulting services, government services, utilities). This diverse range of activities is typically treated in quantitative studies as a single homogeneous entity, frequently labeled as services for analytical convenience, when in fact its heterogeneity suggests a different treatment for each. This heterogeneity is, in my view, key to better understanding how services trade liberalization could affect poorer countries.
Impacts of Liberalization on Poorer Countries
There is a general presumption in the poorer countries that they will lose from global services trade liberalization since their domestic service industries are inefficient and non-competitive. This view is despite the arguments from economists as to the gains to domestic consumers from lower prices and the joint benefits which accrue to both exporting and importing countries from exploiting comparative advantage and improved market access opportunities abroad. It is also despite the commonly held view that the production of many services are labor intensive, which economists believe should be the source of comparative advantage for poorer devel
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