General agreement on trade in services (GATTS): financial services

Abstract

This briefing paper on financial services is designed to contribute to a better understanding of the issues involved and a possible strategy to adopt during future negotiations on the subject. It also provides a broad overview of the financial sector in Africa and some measures needed to make it more dynamic. The brief is intended to be a handy and a concise reference material for policy makers and people interested in the issue of financial services within the framework of the GATS. It should be pointed out that another brief by ECA deals more extensively on the GATS itself. Familiarity with this paper on GATS will no doubt enhance the reading of this particular series on financial services.