Effects of the Uruguay Roundon Egypt and Morocco

Author/Editor:

Arvind Subramanian ; Clinton R. Shiells ; Peter P Uimonen

Publication Date:

January 1, 1996

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper presents simple computational techniques to examine a variety of effects of the Uruguay Round on developing country trade flows. These methods are applied to the cases of Egypt and Morocco to simulate the implications of the Round for their medium-term balance of payments. The analysis takes into account most-favored-nation tariff cuts, preference erosion, liberalization of trade in textiles and clothing, and potential increases in world food prices. The simulation results indicate that the overall balance of payments implications of the Uruguay Round for these countries, while negative, may not be very significant.

Series:

Working Paper No. 1996/007

Subject:

English

Publication Date:

January 1, 1996

ISBN/ISSN:

9781451928501/1018-5941

Stock No:

WPIEA0071996

Pages:

46

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