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International Trade in Health Care Services

Prospects and Challenges for India

Bibliographic Data

ID12324242
AuthorsT P Bhat (Institute of Studies in Industrial Development, Vasant Kunj, New Delhi, India., corresponding author)
Year2015
Volume71
Issue3
Pages239-254
Publication date2015-08-16
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueIndia Quarterly A Journal of International Affairs (JOURNAL)
Journal identifiersISSN: 0974-9284 • E-ISSN: 0975-2684
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/0974928415584024
OpenAlexW2142850587
LanguageEN
Citations received1
References cited8

In the last two decades, international trade in health care services has expanded under the GATS. It has acquired new dimensions with the application of advanced information and communication technology and cross-border mobility. India is a participant in the GATS and has made binding commitments to minimise trade barriers. Under GATS, trade liberalisation is effected through four modes: mode 1 represents cross-border supply; mode 2, consumption abroad; mode 3, commercial presence; and mode 4, presence of natural persons. Though all modes are not totally free and are subject to restrictions, India enjoys certain distinct advantages, especially under modes 2 and 4. India has emerged as a hub for clinical research, has established superiority in IT-enabled and back-end services and has built a reputation in offering an array of specialised medical and surgical interventions at affordable prices, which have boosted medical tourism. The global health care market is highly competitive; therefore, there is a need for suitable export strategies to effectively tap into the potential of the individual markets

Business · Economic growth · Economics · Free trade · General Agreement on Trade in Services · Health care · Industrial organization · International economics · International trade · Liberalization · Market access · Market economy · Medical tourism · Mode (computer interface · Political science · Reputation · Tourism · Trade in services · Computer Science · Global Health and Surgery · Global Health Workforce Issues · Global Healthcare and Medical Tourism · Marketing

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Unique citing works1
Citations per year0.13
Citation span2018 - 2018 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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