Obstacles Liberalization Trade
Prentice-Hall (Verlag)
978-0-7450-1158-5 (ISBN)
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Since the 1950s, technological progress and population growth have increased the size of many insurable risks beyond the capacity of national insurance industries, so that there has been a growing need to spread risks beyond national frontiers. Yet for various reasons many governments, particularly among the developing countries, have restricted trade with international insurers and re-insurers. Carter and Dickinson examine the case for the reversal of that trend by looking at governments now embarking on liberalising international trade in insurance and re-insurance. They consider recent trends in trade in insurance services, the restrictions affecting trade between countries and attempts through the European Community and GATT to liberalise that trade.
Part 1 Recent developments in trade in insurance: restrictions on insurance trade; regulation of reinsurance trade; restrictions on insurance broking; definition of discrimination. Part 2 The nature of insurance business: international insurance transactions; reinsurance business; volume of international trade in insurance. Part 3 Objectives of barriers to trade in insurance: protection of policyholders; avoidance of wasteful and destructive competition; development of local insurance markets; protection for the balance of payments; channelling funds to local capital markets; national security. Part 4 Types of restriction imposed on insurance trade: direct barriers to cross-frontier insurance; indirect barriers to establishment business; indirect barriers to establishment business. Part 5 Analysis of the effects of discriminatorymeasures: effects on local consumers of insurance; indirect balance-of-payments effects; global economic effects. Part 6 Towards greater freedom of trade in insurance: freedom of choice in insurance and reinsurance; restriction on cross-frontier insurance; insurance supplied through local establishments; local registration, shareholders and management; differential capital and solvency regulations; reinsurance regulations. Part 7 European Community's efforts to liberalize insurance trade: obstacles to liberalization; freedom of establishment; insurance intermediaries directive; "Freedom of Services" for direct insurance; trade with Third-country insurers. Part 8 Prospects for freer trade in insurance: discussions within the OECD; discussions within the GATT; initiative in the GATT; Uruguay round negotiations; conclusions.
| Erscheint lt. Verlag | 1.1.1992 |
|---|---|
| Zusatzinfo | tables, figures |
| Verlagsort | Harlow |
| Sprache | englisch |
| Maße | 139 x 213 mm |
| Gewicht | 252 g |
| Themenwelt | Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Versicherungsbetriebslehre |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| ISBN-10 | 0-7450-1158-6 / 0745011586 |
| ISBN-13 | 978-0-7450-1158-5 / 9780745011585 |
| Zustand | Neuware |
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