Paper Title
Analysing the Shifting Dynamics of Global Trade in Services
Article Identifiers
Authors
ANANYA DIXIT , Prof. Bimal Jaiswal
Keywords
Covid-19, Digitalization, General Agreement on Trade in Services (GATS), Global services trade
Abstract
Services have emerged as the most dynamic component of global trade, exemplifying a structural transformation towards knowledge-intensive economies. This paper conducts the past three decades. Utilizing extensive datasets from reliable sources like the World Trade Organization (WTO), it examines the growth trajectories of service exports and imports across major economies and regions. The study highlights the ascent of developing nations as formidable participants in the global services trade landscape. It delves into the four modes of service supply established under the General Agreement on Trade in Services (GATS), assessing their relative dominance over time. Furthermore, the evolving composition of traded services is explored, spotlighting the transition from traditional sectors to modern services driven by digitalization and technological progress. The unprecedented disruption caused by the COVID-19 pandemic on services trade flows is also evaluated through empirical evidence. By synthesizing insights from prior scholarly works and substantiating findings with robust quantitative data, this research endeavors to provide a holistic perspective on the evolving dynamics of global services trade.
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How To Cite (APA)
ANANYA DIXIT & Prof. Bimal Jaiswal (May-2024). Analysing the Shifting Dynamics of Global Trade in Services. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(5), g391-g401. https://ijnrd.org/papers/IJNRD2405646.pdf
Issue
Volume 9 Issue 5, May-2024
Pages : g391-g401
Other Publication Details
Paper Reg. ID: IJNRD_222329
Published Paper Id: IJNRD2405646
Downloads: 000121976
Research Area: Social Science and HumanitiesÂ
Country: LUCKNOW, Uttar Pradesh, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2405646.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2405646
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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