The effect of CAFTA in the Services Sector of El Salvador: A first approach
- 발행기관 아주대학교
- 발행년도 2011
- 제출일 2011-06-22
- 학위수여년월 2011. 8
- 학위명 석사
- 학과 국제대학원 국제경영학과
- 실제URI http://www.dcollection.net/handler/ajou/000000011735
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
The Central American and Dominican Republic Free Trade Agreement with the United States (DR-CAFTA or simply CAFTA), is the most important FTA signed by the region, this work suggests that there has been a general positive effect of CAFTA for the services sector of El Salvador. We found increases for El Salvador in FDI levels, particularly in those areas in which liberalization had been agreed, the same improved growth rates can be found in employment in the services sector and economic growth, where positive correlations are discovered between these indicators and overall services trade and services FDI. For most Central American countries that placed into force CAFTA before 2009, statistics show that trade in services as a whole has increased and important changes in growth are observed. Although trade deficits in services have become more profound during the first years of implementation of the FTA, we found a positive correlation between employment level and trade in services, thus our analysis also suggests that fostering trade in services should increase employment levels in Central America.
more목차
Chapter 1: Introduction 1
1.1 Background 1
1.2 Research Necessity 2
1.3 Research Purpose 2
1.4 Research Questions 3
1.5 Methodology 3
1.6 Chapter Outline 5
1.7 Summary of the Findings 5
Chapter 2: Literature Review 6
2.1Conceptual issues regarding the modes of provision of services 6
2.2 Linkage between FDI and Trade in Services 6
2.3 The effect in Labor of Services Liberalization 7
2.4 Effect of FTAs on FDI 8
2.5 Evidence of the effect that liberalization has on trade in Services 10
2.6 Economic Growth and Liberalization of the Services Sector 12
Chapter 3: History of the Negotiation and El Salvadors results in Services and Investment 14
3.1 History of the negotiation, the situation before CAFTA 14
3.2 The result of El Salvador negotiation in the Services and Investment Chapters Investment Chapters 15
3.2.1 Services Chapter 15
3.2.2 Financial Services 16
3.2.3 Telecommunications 17
3.2.4 Investment 17
Chapter 4: Data Analysis 19
4.1 The effect on total FDI 20
4.2 The effect on FDI from the United States 20
4.3 The effect on FDI in the Services Sector 22
4.3.1 FDI in financial services 23
4.3.2 FDI in the electricity services 26
4.3.3 FDI in telecommunication services 27
4.3.4 FDI in other services 28
4.3.5 FDI in construction services 30
4.4 CAFTAs effect on employment in El Salvador 30
4.4.1 Effect on people employed in the services sector 31
4.4.2 Correlation between FDI in services and employment in the services sector 32
4.4.3 Correlation between trade in services and total employment in CAFTA countries 33
4.5 Effects on GDP of El Salvador 34
4.5.1 Trade in Services and GDP Growth 34
4.5.2 FDI in Services and GDP Growth 35
4.6 The effect on trade in services in Central America 36
4.6.1 El Salvador 36
4.6.2 Guatemala 37
4.6.3 Honduras 39
4.6.4 Nicaragua 40
4.6.5 Costa Rica 41
Chapter 5: Conclusions and Policy Recommendations 44
5.1 Summary of the Findings 44
5.2 Policy Recommendations 46
5.3 Conclusion 47
5.4 Further Research 48
References 49
Appendix 52
