servicestransfer
Services transfer refers to the movement or transfer of service capabilities, rights to provide a service, or service outputs between entities, regions, or countries. It encompasses cross-border trade in services, outsourcing of service activities, licensing or franchising of service offerings, and the transfer of intangible service-related assets such as know-how, software, and processes. It also includes delivery of services via digital platforms, cloud services, and remote work arrangements.
Forms of services transfer include outsourcing or offshoring of back-office or professional services to external providers
Economic significance: Services trade accounts for a large share of global commerce. Services transfer is measured
Regulation: International trade in services is governed by agreements such as the World Trade Organization's General
Challenges and opportunities: Barriers include licensing restrictions, border controls, data localization requirements, and cross-border taxation. Advances