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.



The regulatory environment for services in Australia

Chapter 2 examines the measures affecting foreign investment and trade found in Australia’s domestic regulatory regime. The chapter presents a short introduction of the OECD’s Services Trade Restrictiveness Index (STRI) and a brief methodological overview of the project, and draws on the indices and database to benchmark Australia’s regulations in strategic services sectors relative to those of other countries.


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