The Handbook of Globalisation, Third Edition
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The Handbook of Globalisation, Third Edition

Edited by Jonathan Michie

The past 30 years are often depicted as an era of globalisation, and even more so with the recent rise of global giants such as Google and Amazon. This updated and revised edition of The Handbook of Globalisation offers novel insights into the rapid changes our world is facing, and how best we can handle them.
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Chapter 21: The WTO and its GATS

Scott Sinclair

Abstract

The General Agreement on Trade in Services (GATS) exerts constant pressure on governments to commercialise services and open national and local markets to foreign service providers. This World Trade Organization agreement, which has been the model for services rules in subsequent bilateral and regional free trade agreements, is designed to lock in liberalisation and privatisation, preventing future governments from changing policy course. Its constitutional-style restrictions constrain democratic accountability and seek to impede alternative development policies built around expanded public services and more protective public interest regulation of commercial services.

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