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Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Quantifying the benefits of services trade liberalisation

Centre for International Economics, Prepared for Department of Foreign Affairs and Trade

Copyright © Centre for International Economics 2010

June 2010

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Quantifying the benefits of services trade liberalisation [PDF 762 KB]

Summary

The service sectors account for around 70 per cent of economic activity in most developed economies, and an ever increasing share of activity in low and middle income countries. Despite the importance of the service sectors to the global and Australian economies, their contribution to economic performance is not well understood, and this extends to the economic gains that could follow from liberalisation of service trade and investment flows.