This book provides a comprehensive analysis of services subsidies under the General Agreement on Trade in Services. It starts with a description of services and trade in services and of the salient characteristics that make regulation of services subsidies more complex than in the case of agricultural and industrial goods subsidies. It then analyzes the economic arguments underpinning the need for regulation, as well as the need for governments to retain sufficient latitude to implement non-trade related policy measures. A description of the data on services subsidies available to date is...