THE IMPORTANCE OF STATISTICS ON TRADE IN SERVICES by Ramonette B. Serafica - PowerPoint PPT Presentation

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THE IMPORTANCE OF STATISTICS ON TRADE IN SERVICES by Ramonette B. Serafica

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  1. Australia Indonesia Partnership for Economic Governance THE IMPORTANCE OF STATISTICS ON TRADE IN SERVICES by Ramonette B. Serafica

  2. Outline • Background • Basic concepts and trends • Various user needs for services statistics (trade and others)

  3. What are services?

  4. How important are services? HIC WLD UMC LMC LIC Source of data: http://data.worldbank.org/

  5. What are its characteristics? • Intangible • Non-storable • Variable • Proximity • Different ways to trade – four modes of supply

  6. How are services traded? • Cross-border trade The service (1) , the consumer or his/her property (2), or the supplier (4) crosses the border • Trade by foreign affiliates The service is supplied through the establishment of commercial presence (3) in the host country

  7. Trends in services trade Source of data: http://www.wto.org/english/res_e/statis_e/statis_e.htm

  8. Commercial Services (World) Source of data: http://www.wto.org/english/res_e/statis_e/statis_e.htm

  9. Growing share of Asia in services trade Source: Asian Development Outlook 2012 Update Services and Asia’s Future Growth (ADB 2012)

  10. Mode 3 is significant http://www.bea.gov/international/international_services.htm#summaryandother (Table A. Services Supplied to Foreign and U.S. Markets Through Cross-Border Trade and Through Affiliates)

  11. Uses of data and statistics • Policy analysis and formulation • Negotiations (trade & investment) • Stakeholder engagement • Monitoring & Evaluation of initiatives

  12. Policy analysis and formulation • Example: Sector development • Trade performance (what if not a major category in EBOPS? e.g. environmental services) • Other indicators such as labor productivity, prices, quality, variety, and access • Inter-sectoral linkages (backward & forward linkages)

  13. Negotiations (trade & investment) • Example: Assessment of export and import interests across 160 services sub-sectors and 4 Modes of Supply (MOS) • Priority sub-sectors and MOS to request MA/NT commitments • Priority sectors for investment, technology transfer, capacity building/technical cooperation

  14. Stakeholder engagement • Example: The contribution of foreign companies to the economy • Domestic employment generated and compensation of employees • Value-added • Purchases of local goods and services • R&D expenditures

  15. M&E of initiatives • Example: Assessment of the effectiveness of initiatives for SME service exporters • Determine baseline and set specific targets for increasing the number of service exporters • Track and analyze growth of SME service exporters by sector, by destination

  16. THANK YOU