This paper aims to highlight some of the recent developments in global trade in services. It sets out three main objectives. Firstly, to analyse the increasing interdependence between global trade flows in goods and services against the background of rapid expansion of global production networks...

In this paper, we present for the first time a qualitative and quantitative comparison between trade in services and trade in goods at firm level for the same country. We focus first on static features of trade such as participation rates,, firms' characteristics, heterogeneity, concentration...

This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value added terms, accounting for services embodied in exported...

This paper examines the evolution of the EU's trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU's services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....

Relying on BoP trade statistics published by Eurostat and the WTO, the paper highlights the recent changes in the EU’s services flows in terms of dynamics, composition, trade balance as well as patterns of specialisation and integration into the internal and global market. It also reveals the...

This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value added terms, accounting for services embodied in exported...

This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value added terms, accounting for services embodied in exported...

This paper analyses the ongoing plurilateral negotiations for a new Agreement on Trade in Services. Its aim is to answer to the following set of questions: (1) What are the motivations behind these negotiations as well as the objectives of the new plurilateral trade in services agreement? How...

The aim of this study is to analyse the state of the competitiveness of seven Western Balkan economies and to suggest policy recommendations in order to increase their capacity to compete. Most countries from the Western Balkans have a persistent current account deficit of about 10% of GDP which...

Die meisten Westbalkanländer haben ein hohes und in der Regel persistentes Leistungsbilanzdefizit von annähernd 10% des BIP. Reduktionen des Leistungsbilanzdefizits der letzten Jahre sind vor allem auf krisenhafte Importzurückhaltung zurückzuführen. Das durchschnittliche Westbalkanland (im...