Contents
Annex 7B: Chapter 10 (Financial Services), Chapter 11 (Cross-Border Trade in Services), and Chapter 12 (Investment) Notes References and Other Resources Index
ix
284 296 304 307
Boxes 2.1 3.1
GATS Framework on Financial Services Links between Services and Investment Chapters
17 84
Market-Access Commitments by Modes of Supply Map of Financial Services–Related Trade Commitments in Latin America and the Caribbean, Mid-2006 Financial Services Trade Balance for Selected Latin American and Caribbean Countries, 1997–2004 Foreign Bank Penetration in Selected Latin American and Caribbean Countries, 2000–04 Market Share of Foreign Financial Institutions in the Domestic Financial Systems of Chile, Colombia, and Costa Rica at the Time of FTA Negotiations International Financial Integration of Chile, Colombia, and Costa Rica, 1997–2004 Market-Access Commitments: Proportion of Financial Services Committed by Chile, Colombia, and Costa Rica in GATS and Subsequent FTAs Main Phases of Colombian Financial Development, 1982–2006 Assets of Public and Foreign Banks, 1991–2004 Profitability and the Ratio of Nonperforming Loans to Total Loans in the Banking Sector, 1996–2006 Ratio of Operating Expenses to Assets in the Banking Sector, 1996–2006 Financial Liberalization Index, by Country, 2001
21
193 194
Sample Schedule of Financial Services Commitments The Architecture of Financial Services in PTAs
19 27
Figures 2.1 2.2
2.3 2.4 2.5
2.6 2.7
6.1 6.2 6.3 6.4 6.5
30 31 32
41 42
43 189 190 192
Tables 2.1 2.2