Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/72069 
Year of Publication: 
2006
Series/Report no.: 
WTO Staff Working Paper No. ERSD-2006-03
Publisher: 
World Trade Organization (WTO), Geneva
Abstract: 
This paper analyses the possible gains from regional and multilateral liberalization of financial services trade for African countries taking into account the implications of such liberalization for financial regulation and capital account liberalization. It also describes existing efforts to integrate financial markets within four African regions (WAEMU, CEMAC, SADC and COMESA) and discusses the existing GATS commitments of the relevant countries with respect to financial services. Although the regions differ significantly, there is scope for further regional integration in all of them. Significant scope also exists for further multilateral liberalization of financial services, in particular with respect to Mode3.
Subjects: 
regional integration
WTO
financial services trade
Africa
JEL: 
F13
F15
G21
G38
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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