Liberalizing Financial Services Trade in Africa: Going Regional and Multilateral

WTO Staff Working Paper No. ERSD-2006-03

26 Pages Posted: 7 Aug 2006

See all articles by Marion Jansen

Marion Jansen

International Trade Centre

Yannick Vennes

affiliation not provided to SSRN

Date Written: March 2006

Abstract

This paper analyses the possible gains from regional and multilateral liberalization of financial services trade for African countries taking into account the implications of such liberalization for financial regulation and capital account liberalization. It also describes existing efforts to integrate financial markets within four African regions (WAEMU, CEMAC, SADC and COMESA) and discusses the existing GATS commitments of the relevant countries with respect to financial services. Although the regions differ significantly, there is scope for further regional integration in all of them. Significant scope also exists for further multilateral liberalization of financial services, in particular with respect to Mode3.

Keywords: regional integration, WTO, financial services trade, Africa

JEL Classification: F13, F15, G21, G38

Suggested Citation

Jansen, Marion and Vennes, Yannick, Liberalizing Financial Services Trade in Africa: Going Regional and Multilateral (March 2006). WTO Staff Working Paper No. ERSD-2006-03, Available at SSRN: https://ssrn.com/abstract=922013 or http://dx.doi.org/10.2139/ssrn.922013

Marion Jansen (Contact Author)

International Trade Centre ( email )

54-56 Rue de Montbrillant
Geneva
Switzerland

Yannick Vennes

affiliation not provided to SSRN ( email )

No Address Available

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
158
Abstract Views
826
rank
223,461
PlumX Metrics