IMF Working Papers Volume 1996 Issue 007: Effects of the Uruguay Roundon Egypt and Morocco (1996)

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Effects of the Uruguay Roundon Egypt and Morocco

Author:

Mr. Arvind Subramanian

Mr. Arvind Subramanian
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Mr. Clinton R. Shiells

Mr. Clinton R. Shiells
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Mr. Peter P Uimonen

Mr. Peter P Uimonen
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Series:: IMF Working Papers

Volume/Issue:: Volume 1996: Issue 007

Language:: English

Publication Date:: 01 Jan 1996

DOI:: https://doi.org/10.5089/9781451928501.001

ISBN:: 9781451928501

ISSN:: 1018-5941

Pages:: 46

Keywords:: WP; tariff cut; food price; demand elasticity; food import; balance of payments; developing country; EU Post; liberalization commitment; EU post-Uruguay Round tariff; merchandise import; Uruguay Round agreement; bound rate; clothing export; elasticities of import demand; Uruguay Round market access commitment; EU market; MFA quota; EU merchandise import; Tariffs; Exports; Imports; Trade barriers; Food prices; Middle East

Legal-disclaimer:: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Series:: IMF Working Papers

Volume/Issue:: Volume 1996: Issue 007

Language:: English

Publication Date:: 01 Jan 1996

DOI:: https://doi.org/10.5089/9781451928501.001

ISBN:: 9781451928501

ISSN:: 1018-5941

Pages:: 46

Keywords:: WP; tariff cut; food price; demand elasticity; food import; balance of payments; developing country; EU Post; liberalization commitment; EU post-Uruguay Round tariff; merchandise import; Uruguay Round agreement; bound rate; clothing export; elasticities of import demand; Uruguay Round market access commitment; EU market; MFA quota; EU merchandise import; Tariffs; Exports; Imports; Trade barriers; Food prices; Middle East

Legal-disclaimer:: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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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.

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IMF Working Papers

ISSN:: 1018-5941

Publisher:: International Monetary Fund

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