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Australian Services Trade in the Global Economy

image of Australian Services Trade in the Global Economy

This book presents an in depth analysis of the contribution of services to the Australian economy, the regulatory environment of the services sector and its performance in an international context. The analysis highlights the importance of co-ordinated domestic policy action, priorities for promoting behind-the-border regulatory reforms in strategic international markets, and the benefits of an ambitious bilateral, plurilateral and multilateral trade policy agenda that contributes to rules-based certainty and predictability in services trade globally.

English

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Insights into strategic sectors: Health, METS, ICT, education and tourism

Chapter 5 extends the analysis of Australian services exports. This chapter focuses on five key sectors that contribute significantly to Australia’s services exports (education and tourism), have linkages to Australia’s traditional comparative advantage (METS), are important to modern economies and have a high tradability (ICT) or have potentially rising levels of tradability in the future (health). Individual sections in this chapter are in the form of case studies, providing data on the economic importance of the respective sector as well as key information on regulatory regimes in Australia and abroad.

English

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