Trade and Jobs in Europe: the Role of Mode 5 Services Exports

From 1995 to 2011, the EU employment supported by exports of goods and services to the rest of the world grew by 67%, reaching a total of 31 million jobs. In a recent research piece we set out to bring to light some key insights on the increasing contribution of services to this export-supported employment. In fact this reflects not only the increasing “tradability” of many services activities but also the “servicification” of manufacturing. As the latter relates to an indirect way of supplying services across borders, which we labelled mode 5 services, exports, we also outlined some of the features of a potential policy reflection aimed to better framing the international rules covering trade in services.

RUEDA CANTUCHE Jose;  CERNAT Lucian;  SOUSA Nuno; 

2017-05-22

Council on Economic Policies

JRC105917