Abstract: Cross-border trade in services is increasingly the pre-eminent driver of growth for developed and developing countries alike. Service-related commitments are included in most of the new trade agreements.
Effective policy-design however, is dependent on collection and presentation of accurate data. Inter-agency task forces of multilateral organizations such as UN, WTO, IMF and OECD have designed a framework to capture cross-border trade in services but data classification by partner trading company, partner trading country and by modes-of-supply, remains a challenge. The G20 can plug this gap through comprehensive information-collection and sharing.
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Akshay Mathur is the Director of Research and Fellow, Geoeconomic Studies at Gateway House.
Purvaja Modak is Researcher, Geoeconomic Studies and Assistant Manager, Research Office at Gateway House.
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