This paper investigates the determinants of trade liberalization in banking services under the WTO. The estimated results point out that an increase in per capita GDP, an increase in lending to private sector, a decrease in corruption, an increase in legal system power, an increase in government effectiveness, an increase in regulatory quality, and an increase in rule of law, altogether contribute to the greater degree of liberalization in banking services commitments. | What determines trade liberalization in banking services under the WTO?
