• csi-0-lg-2012 CSI and its partner organizations in the Global Services Coalition hosted the fourth annual Global Services Summit on 19 Sept. 2012. United States Trade Representative Ron Kirk gave keynote address, with other senior business and government officials in attendance. For reports and photographs of the event, click here.
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    The Coalition of Service Industries with the Georgetown Center for Business and Public Policy hosted the 2nd Colloquium on Services Trade on 3 May 2012 at the American Council of Life Insurers conference room.  Speakers included CSI President Bob Vastine, Georgetown Professor Brad Jensen, Cheif Economist Doms, and J. Steven Landefield of Bureau of Economic Analysis.  Other attendees included CSI members from the private sector and other services trade experts.

Services Trade Liberalization as a Foundation of Global Recovery

CSI study by noted trade economist Edward Gresser, Director of the Progressive Economy Project at the Global Works Foundation entitled “Services Trade Liberalization as a Foundation of Global Recovery”, makes a powerful case that services trade reform can help strengthen the fragile rebound from the economic crisis, and long-term growth. 
Executive Summary
Full copy: Services Trade Liberalization as a Foundation of Global Recovery by Ed Gresser

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Services Drive Growth

The Service Economy

Services represents approximately 75% of US economic output and about 80% of US private sector employment. In 2010, US private services exports exceeded $526 billion, and had a services trade surplus of approximately $168 billion.

Services are essential inputs into the production of virtually all products.  The price and quality of services influence costs and productivity in all other sectors in an economy, including manufacturing and agriculture.  Thus, when liberalized and made more efficient, services have a strong effect in the competitiveness of an entire economy.  For more data and statistics on the service economy, click here.

About CSI

CSI is the leading business organization dedicated to the development of U.S. domestic and international policies that enhance the global competitiveness of the U.S. service sector through bilateral, regional, multilateral, and other trade and investment initiatives.
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