Abdul-Aziz, A R and Chwee Ngoh Tan, A M Y (1998) GATT, GATS and the global construction industry. Engineering, Construction and Architectural Management, 5(1), pp. 31-37. ISSN 0969-9988
Abstract
On 15 December 1993, the most ambitious trade liberalisation package in history was concluded, marking the end of multilateral trade negotiations under the aegis of the General Agreement on Tariffs and Trade (GATT). Among the landmark achievements of that round was the addressing of the services sector for the first time in such a setting. This paper analyses the key provisions of the General Agreement of Trade in Services (GATS) in the context of the construction industry. Despite the fact that GATS is presently a framework which requires further negotiation, there are already certain matters that corporate strategists should be conversant with in preparation for the time when full trade surveillance is imposed on the industry. Specific reference is also made to the Government Procurement Agreement towards the end of this paper because of its galvanising force on future GATS negotiations.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | GATT; GATS; globalization |
| Index terms: | government procurement, package, construction industry, negotiation, global construction, liberalization, history, surveillance, globalization |
| Subjects: | monitoring and control systems, industry analysis, procurement strategy, economic factors, conflict resolution, strategic management, contractual arrangements, economic analysis, architectural and construction history |
| Topics: | Governance, Procurement, Stakeholder Management, Research Practice, Business Strategy, International Construction |
| Descriptive scope: | 3 PCT |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here