Measuring the Commitments on Financial Services Trade Liberalization: Core Business of Commercial Bank in Developing Economies
AbstractThis paper is the basis of studying the impact of financial service trade negotiation under the General agreement on Trade and Services (GATS) on the banking sector in developing countries. To test the impact, the first step is measuring the commitments in financial service trade negotiation. This paper measured members’ commitments in the FIFTH PROTOCOL TO GATS. The focus of this paper is the core business of commercial banks, including deposit and credit services, whose definition is specified in section III.
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