Trade policy in Asia

"Education and media services have much in common. Both provide services that embody local cultures, in which there is extensive public sector participation and significant domestic regulation. Both are dramatically affected by the information and communications technology revolution. The production of information content now involves huge costs in terms of research and development or artistic talent, whilst the cost of making such products available to other consumers is very low. This in turn challenges the effectiveness of domestic regulation and raises fundamental questions about its purpose, calling for an increased scope for international trade and investment, and the development of supply chains. Yet, both areas are lightly committed in international trade agreements like the GATS. Trade Policy in Asia responds to these issues to provide readers with a comprehensive, consistent treatment of policy in the higher education and media services sector across various Asian economies. It identifies commonalities across these sectors and highlights critical trade policy implications. Education services themes include growth and impediments involved in trade and investment; the emerg