PDF

Keywords

International trade
Financial Services

Abstract

ABSTRACT Day after day, the importance of services of international trade increases and the number of the countries that automate the production process at the international level also increases. Therefore, there is no room for talking about commodity without taking the services trade into consideration that greatly affects the direction and rates. Hence, it is impossible however to ignore that issue of services at this time, especially when we look at the outcome of the technological and the following facilitation of the production process into several parts all over the world. On this basis, the study adopted a hypothesis stating that a free international trade in financial services has a positive effect on the growth performance in the long ran in given number of countries. In order to verify this hypothesis, a profit analyses of (23) developing countries has been made using the multi - linear model based on the ordinary least squares (OLS) and the (SPSS). It is shown that the rate of economic growth with represent the rate of the annual growth in the total domestic production per capita is positively affected by the elevation or elimination of the legal and regulating constrains imposed on the performance of the monetary services markets and communication markets in the developing countries (sample counters), especially the countries that endeavor to put plans and qualifying programmers that can improve their human resources step by step with every liberating act in the framework their services sector. .
https://doi.org/10.33899/tanra.2008.161760
  PDF