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Economic Perspectives On Trade In Professional Services, Jagdish N. Bhagwati Jan 1986

Economic Perspectives On Trade In Professional Services, Jagdish N. Bhagwati

Faculty Scholarship

This paper will bring an economist's perspective to bear on three questions raised at this conference by some of the other important contributions:

  1. How are services different from goods;
  2. What implications do these differences have for the rules we seek to negotiate to free trade in services; and
  3. How can we induce the key developing countries, such as Brazil, Egypt and India, which have generally opposed liberalization of trade in services, to support it?

Answers to these questions will naturally bear critically on the narrower question of international trade in professional, and especially legal, services, since recommendations and decisions on …


Technology Transfer In China: Policies, Practice And Law, Stanley B. Lubman Jan 1986

Technology Transfer In China: Policies, Practice And Law, Stanley B. Lubman

Hong Yen Chang Center for Chinese Legal Studies

The legal and practical aspects of technology transfer are of increasing importance as China's international economic relations expand. Chinese legislation on aspects of such transfers are beginning to appear and this paper discusses relevant regulations particularly the Technology Import Contract Regulations of May 1985. Practical issues include Chinese interest in up-to-date technology and comprehensive technical documentation, valuation of the technology to be transferred, payment terms, the terms and costs of technical training, and acceptance tests of the products manufactured using the transferred technology. Patent infringement and protection of proprietary information are also issues of concern to companies involved in technology …