Trade in Services: East Asian and Latin American Experiences

International Journal of Services Technology and Management, Special Issue on Global Economy and the Service Sectors, Vol. 17, Nos. 2-4, 2012

Banco Bilbao Vizcaya Argentaria (BBVA) Working Paper No. 12/04

30 Pages Posted: 18 Apr 2013

See all articles by Nathalie Aminian

Nathalie Aminian

University of La Havre

K. C. Fung

University of California at Santa Cruz

Alicia García-Herrero

Bruegel; Hong Kong University of Science & Technology (HKUST) - HKUST Institute for Emerging Market Studies (IEMS); Natixis

Francis Ng

World Bank - Development Research Group (DECRG)

Abstract

This paper investigates the trend and characteristics of trade in services in two fertile regions where different forms of trade integration have taken place: East Asia and Latin America. To that end, the World Bank data are utilized to categorize services trade in order to put on view the national and regional positions on dynamic sectors, and to compare East Asia and Latin America in terms of revealed comparative advantages, the weight of service activities in the regional economic activity, the share of services employment. The paper deals also with the issue of internationalization of services through FDI. Overall, it shows the increasing importance of East Asia as a trading region while the share of North & Latin America is low and declining over time.

Keywords: Service trade, East Asia, Latin America, foreign direct investment

JEL Classification: F14, F15, O53, O54, O57

Suggested Citation

Aminian, Nathalie and Fung, K.C. and Garcia-Herrero, Alicia and Ng, Francis, Trade in Services: East Asian and Latin American Experiences. International Journal of Services Technology and Management, Special Issue on Global Economy and the Service Sectors, Vol. 17, Nos. 2-4, 2012, Banco Bilbao Vizcaya Argentaria (BBVA) Working Paper No. 12/04, Available at SSRN: https://ssrn.com/abstract=2253083

Nathalie Aminian

University of La Havre

Le Havre, 76057
France

K.C. Fung

University of California at Santa Cruz ( email )

Santa Cruz, CA 95064
United States
831-459-3273 (Phone)
831-459-5900 (Fax)

Alicia Garcia-Herrero (Contact Author)

Bruegel ( email )

Rue de la Charité 33
B-1210 Brussels Belgium, 1210
Belgium

Hong Kong University of Science & Technology (HKUST) - HKUST Institute for Emerging Market Studies (IEMS) ( email )

IAS 2019, Lo Ka Chung Building,
Lee Shau Kee Campus, HKUST
Clear Water Bay, Kowloon
Hong Kong

Natixis ( email )

France

Francis Ng

World Bank - Development Research Group (DECRG) ( email )

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States
202-473-8088 (Phone)
202-522-1159 (Fax)

HOME PAGE: http://econ.worldbank.org/staff/fng

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