Ценные бумаги
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Trade in Value Added
Trade in Value Added		 Trade in Value Added
Trade in Value Added		 Trade in Value Added
Trade in Value Added		 Trade in Value Added
Trade in Value Added
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GLOBALIZATION & FOREIGN TRADE

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1GLOBALIZATION & FOREIGN TRADE. 16/1400 companies) 25. Biggest flight fleet
SEPTEMBER 2013 Rahmet USLU G?l?inay MUMCU. in the world (1 million flight in 2011 /
2OUTLINE. A- GLOBALIZATION & TRADE 460.000 international) Privatization of
IN VALUE ADDED B- IMPORTANCE OF TRADE IN railway transportation services and the
SERVICES STATISTICS. September 2013 high-speed railway projects are carried
Ministry of Economy. 2. out rapidly. So we expect increase in
3A- GLOBALIZATION & TRADE IN VALUE exports of rail transportation services.
ADDED. September 2013 Ministry of Economy. 11th in the world in terms of receipts
3. Telecommunications 500 million dollars of
4Trade in Value Added. With revenue 12th in the world in terms of 2012
globalization, global value chains (GVCs) receipts. September 2013 Ministry of
have become a dominant feature of today’s Economy. 16.
global economy. The (growing) process of 17Why Trade in Services Statistics
international fragmentation, challenges Matter? GATS Follow-up of Uruguay Round
our conventional wisdom on how we look at commitments Progressive liberalization
and interpret trade. Measuring Trade in principle Request-offer procedures,
Value Added is important for understanding bilateral& plurilateral negotiations
the supply side of trade and identifying Statistics are of crucial importance in
the sources of competitiveness. 4. order to submit requests to Members or
September 2013 Ministry of Economy. assess the requests meaningfully TISA
5Trade in Value Added. Globalisation of (Trade in Services Agreement)&FTA’s
production necessitates new trade (Free Trade Agreements) Demise of the Doha
statistics due to the fact that current Round Negotiations Start of a
trade statistics may lead to misguided comprehensive TISA agreements among 23
decisions. The (last) exporter country countries More comprehensive FTA’s
which makes only assembly can be awarded covering “trade in services” ,
wrongly as if it produces the full “investment” , “government procurement”
commercial value. In response, Bilateral trade in services statistics are
international institutions carry out vital to undertake negotiations. (Going to
studies to develop a database of Trade in the market without knowing how much you
Value-Added indicators. September 2013 have in your pocket). September 2013
Ministry of Economy. 5. Ministry of Economy. 17.
6Trade in Value Added. “Trade in Value 18Why Trade in Services Statistics
Added” and “Double Counting”. September Matter? High-Level Bilateral Meetings
2013 Ministry of Economy. 6. (JETCO etc.) Without “trade in services
7Trade in Value Added. Apple’s Example. data” agenda is missing Service exporters
September 2013 Ministry of Economy. 7. only react (give feedback) when there is
Source: Trade ?n Value-added: Concepts, serious problems High-level contacts are
Methodologies And Challenges (Jo?nt chosen according to sub-sectors traded
OECD-WTO NOTE). Increasing trade in services volume with
8Trade in Value Added. The indicators regional trading partners. September 2013
of trade in value-added are derived from Ministry of Economy. 18.
input-output tables. There are many 19Why Trade in Services Statistics
ongoing works which are carried out by Matter? Policy Making “Trade in Services
international institutions in the Agenda” No single institution responsible
measurement of trade in value-added. One for “trade in services” before 2011 Public
of them is the joint OECD-WTO Trade in Administration Reform Package By 8 June
Value Added initiative. The recent Trade 2011, Ministry of Economy is assigned for
in Value Added database was released in legislative arrangements and
May 2013. 8. September 2013 Ministry of implementation of them regarding “trade in
Economy. services” Policy making is sensitive both
9Trade in Value Added. Trade in to sectors (even sub-sectors) and to
Value-Added (TiVA) indicators include: countries. There is an increasing need for
Decomposition of gross exports by industry sectoral and country-based statistics.
into their domestic and foreign content September 2013 Ministry of Economy. 19.
The services content of gross exports by 20Why Trade in Services Statistics
exporting industry (broken down by Matter? BOP approach and Current Account
foreign/domestic origin) Bilateral trade Deficit (CAD) High “net errors and
balances based on flows of value added omissions” (some of which may have arised
embodied in domestic final demand from missing “trade in services” data) CAD
Intermediate imports embodied in exports. is one of the most important macroeconomic
9. September 2013 Ministry of Economy. indicators Turkey has a significant trade
10Trade in Value Added. In Turkey, the volume and needs more accurate data to
latest input-output tables were published manage current account particularly “trade
in 2002. Keeping the input-output tables in services” operations Obligations
up to date is essential. In addition arising from EU Acquis Turkey has started
frequent revision is necessary. 10. accession negotiations in 2005 EC
September 2013 Ministry of Economy. directive 184/2005 on community statistics
11Trade in Value Added. Turkish concerning balance of payments ITS must be
Statistical Institute (TurkStat) has been compiled with wide sectoral coverage and
trying to develop statistics for 2012 with enough geographical breakdown.
through questionnaire. A method is needed September 2013 Ministry of Economy. 20.
for providing continuity and keeping the 21What Are The Recent Problems?
data updated. A method that will allow the Developing bilateral statistics
data to be collected in one repository and (compilation of trade in services
will ensure data flow continously. 11. statistics by trade partners) Increasing
September 2013 Ministry of Economy. the level of detail of existing data on
12B- IMPORTANCE OF TRADE IN SERVICES trade in services (specifically
STATISTICS. September 2013 Ministry of construction and transportation)
Economy. 12. Compilation of detailed sectoral
13Turkey's Services Trade. 2012 SERVICE statistics (such as, computer related,
EXPORTS. September 2013 Ministry of audio-visual, health and related,
Economy. 13. professional and education services
14Turkey's Services Trade. Turkey's sub-sectors). September 2013 Ministry of
Share in Global Services Exports (%) Economy. 21.
Source: WTO. September 2013 Ministry of 22Trade in Value Added. References OECD,
Economy. 14. Trade Policy Implications of Global Value
15Turkey’s Services Trade. Travel 25.6 Chains,
billion dollars of revenue in 2012. 6th in http://www.oecd.org/sti/ind/Trade_Policy_I
the world in terms of revenue Regarding plicatipns_May_2013.pdf OECD-WTO, Trade In
number of visitors; 6 th in the World and Value-Added: Concepts, Methodologies And
4 th in Europe (2011 and 2012) Tourism Challenges (Joint OECD-WTO Note)
growth in 2000-2012 period; Turkey: %11,4 https://www.google.com.tr/search?q=a+set+o
Construction 2nd in terms of the number of +international+input-output+tables+with+bi
top constructing companies (ENR) According ateral+trade+links&rlz=1C1GTPM_trTR528
to CB 1 billion dollars of revenue on R528&oq=a OECD-WTO Database on Trade
average 7th in the world in terms of in Value-Added,
revenues. September 2013 Ministry of http://www.wto.org/english/res_e/statis_e/
Economy. 15. iwi_e/tradedataday13_e/oecdbrochurejanv13_
16Turkey’s Services Trade. Logistics .pdf. 22. September 2013 Ministry of
Europe’s biggest truck fleet (45000 trucks Economy.
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