Embed Size (px)
DESCRIPTION
Presentation by Massimo Geloso Grosso, Trade Policy Analyst, Trade in Services Division, OECD Directorate for Trade and Agriculture, during the meeting of the OECD Global Parliamentary Network in Mexico City (23-24 June 2014).
Citation preview
THE SERVICES TRADE RESTRICTIVENESS INDEX
(STRI)
OECD Global Parliamentary Network Meeting Mexico City, 23 June 2014
Massimo Geloso Grosso OECD Trade and Agriculture Directorate
What is the STRI?
A regulatory database • Filled in by the Secretariat, verified and peer reviewed by Members
• Information on regulation, link to source (law/regulation), explanation where needed. Contains information in more than 16000 laws and regulations
• Online, frequently updated
• Interactive
Composite indices • A snapshot of trade restrictiveness, 18 sectors, 40 countries
STRI sector coverage
• Computer services • Construction • Professional services
– Accounting – Architecture – Engineering – Legal services
• Telecommunications
• Distribution • Audio-visual services
– Motion pictures – Broadcasting – Sound recording
• Transport – Air – Maritime – Rail – Road – Courier
• Financial services – Commercial banking – Insurance
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
TelecomMexico
STRI Telecoms
STRI Telecoms
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
Restrictions on foreign entry Restrictions on the movement of people
Other discriminatory measures Barriers to competition
Regulatory transparency Average
STRI legal services
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
Restrictions on foreign entry Restrictions to movement of people Other discriminatory measures
Barriers to competition Regulatory transparency Average
Countries with high regulatory barriers import less, but also export less services
0%
1%
2%
3%
4%
5%
6%
7%
8%
Air Insurance Banking Legal services
Estimated growth in trade from lowering the STRI
Importer’s STRI
Exporter’s STRI
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1
Water in the GATS (average across sectors)
Level of trade restrictiveness permitted by the GATS (bound level)
Actual level of trade restrictiveness (STRI)
• Benchmarking and sequencing domestic policy reform
• Analysis of regulatory spillovers along GVCs
• Source of information for trade negotiators
Use of the STRI
![OECD Services Trade Restrictiveness Index · 2018. 7. 28. · Trade on travel and transport services collapsed, while ICT services contributed toeconomic resilience (OECD, 2021 [8])](https://img.pdfslide.us/doc/110x75/61467a507599b83a5f003f4d/oecd-services-trade-restrictiveness-index-2018-7-28-trade-on-travel-and-transport.jpg)
