Global Trade in Services: A WTO Perspective (Hardbound - 2017)

The book has been based on the papers presented in a two-day national seminar on “Global Trade in Services: A WTO Perspective” organized by Shaheed Bhagat Singh (E) College (University of Delhi). The papers have been revised and updated, and two more papers have been added. Consisting of three parts, the book takes up tourism services and other trade-related issues; educational, environmental and health-related services; telecommunication, business and financial services; and includes illuminating articles in each part for focused, yet detailed study.

WTO’s Agreement on Agriculture, the provision of “Special and Differential Treatment” for developing countries in the Agreements of the WTO, the relative impact of General Agreement on Trade in Services (GATS) on retail sector in India, SWOT analysis of GATS and Indian services environment, and the economic impact, prospects and challenges ahead for tourism industry in India have been analyzed in Part I.

The changing scenario of management education in India, the challenges in Indian higher education in context of repercussion and concern of GATS and WTO, the WTO framework in context of educational services, and the inter-linkages between globalization and Indian education system, among others have been examined in Part II.

An assessment of accounting and auditing services in regional trade agreements (RTAs) of WTO has been made in Part III. The relationship between inward FDI and exports in Indian telecommunication sector, the financial perspectives of insurance sector in the framework of the GATS, the Case Study of Brazil, China and India in context of trends of financial services trade and global capital flows, the understanding of financial services in the WTO perspective, the SWOT analysis for India’s IT services industry, the unique success of IT industry in services trade, and the challenges this industry is facing in order to compete with the major competitors, are also taken up in this part. The book will be useful for the students and researchers in the area.

Dr. O.S. Deol, M.Phil, Ph.D. from Delhi School of Economics, University of Delhi, is Associate Professor of Commerce at Shaheed Bhagat Singh (E) College, University of Delhi. He has more than 24 years of teaching and research experience.

Specializing in international business and finance, Dr. Deol has authored books entitled, IMF Adjustment Programmes and Developing Countries, Twenty Years of WTO: 1995–2015, and Business Mathematics and Statistics. He has published research papers on various aspects of international business and finance. He has also attended and presented papers at numerous seminars and conferences at national and international levels.