|Title||An Analysis of Service Trade Regulations in Korea, China, and Japan and its Policy Implications|
|Author||Bo-Young Choi, Boram Lee and Jong-Hun Pek|
Over the past 40 years, the share of world services trade in world total services has significantly increased. The technological developments in the ICT and transportation sectors, along with movements toward trade liberalization have contributed to this increase. The share of services trade in total trade for Korea, China and Japan has increased as well. However, the services trade's share of GDP still remains low compared to that in developed countries.