General Agreement on Trade in Services
The provision of services has become one of the most important determinants of
global GDP and trade. Thus it has critical implications for human development.
Efficient and equitable infrastructure and social services are crucial to countries’
competitiveness and people’s well-being. Excluding public services, services
account for more than 60 per cent of GDP in industrial countries and 50 per cent
in developing countries (Corner House, 2001).