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New Database Reveals Global Pattern of Services Trade Restrictions

Aaditya Mattoo's picture

Some of the fastest-growing countries in Asia and the oil-rich Gulf states have the most restrictive policies in the services trade, while some of the poorest countries in the world, such as Rwanda and Senegal, are remarkably open in the area.  These patterns emerge from a new Services Trade Restrictions Database created by staff in the Trade and International Integration Team of the Development Economics Research Group.

Across sectors, transportation and professional services, such as accounting and law, are among the most protected in developed and developing countries alike. Meanwhile, retail, telecommunications and finance, such as banking and insurance, tend to be more open.