Telecommunications liberalization is a deliberate process in Barbados that offers insight into how economies participate in the World Trade Organization (WTO) and handle the global market. This case study will examine telecommunications liberalization in Barbados as a reflection of its participation in the multilateral trading system and as a response to consumer and market demand
‘“It’s daylight robbery in Murder,” screamed a cult Bangladeshi rock band, and its plea has been heard’, writes the Telegraph of Calcutta in its front-page story on ‘tune-lift’ in the Hindi movie Murder (Telegraph, 20 May 2004).
The commitments undertaken by Argentina in the General Agreement on Trade in Services (GATS) appear generous when compared with those of other Latin American countries. Based on this finding this case study tries to identify the main factors that shaped Argentina’s services offer under GATS.
The WTO is playing a novel role in regional trade relations. Access to a multilateral dispute settlement system is helping to scrutinize and anchor the more lax regional disciplines. Although accessible only to highly profitable sectors because participation is too costly and time consuming, the WTO provides the intangible benefit of exposure. Pressure through exposure can help countries unable or unwilling to retaliate to obtain more favourable results than in bilateral or regional instances.