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The idea of sustainable development has its root in the oriental tradition, which teaches the values of conservation of nature and preaches harmonious co-existence of all living elements of the earth. Compared to this oriental ways of life, the western views on sustainable development were relatively new. In the vast literature of development economics, which had emerged as a new branch of economic discourse from mid twentieth century onwards, some erratic ...
The General Agreement in Trade and Services (GATS), a multilateral trade agreement on services came into effect from January, 2000. Unlike other WTO agreements, GATS offers much more freedom to the Member States by allowing 'progressive liberalization' of their service sectors through 'request' and 'offer' approach. GATS architecture is complex and definitions are sometimes ambiguous. It has been observed during the last few years, that the scope of its coverage ...