Services trade gets no respect. The release of the WTO’s World Trade Report 2019 gave us a chance to fix that. Roberta Piermartini and Stela Rubinova (World Trade Organization) as well as Alan Beattie (Financial Times) join to provide insights on services trade from the Report. They explain services trade’s growing importance relative to goods trade, the sectors and countries driving the increase, the various modes by which it is delivered, and why liberalizing services trade is just so hard.
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- World Trade Organization. 2019. World Trade Report 2019: The Future of Services Trade, October.