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Implications of the Uruguay Round for Kenya
Author:
Rupa Chandhanull

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Series:
IMF Working Papers
Volume/Issue:
Volume 1996: Issue 008
Language:
English
Publication Date:
01 Jan 1996
DOI:
https://doi.org/10.5089/9781451927870.001
ISBN:
9781451927870
ISSN:
1018-5941
Pages:
26
Keywords:
WP; export; Kenya; product; trade; tropical product; Kenya's export; liberalization commitment; preference margin; exports consist; export structure; leather products export; tariff reduction; bound rate; Exports; Tariffs; Agricultural commodities; Agricultural prices; Export earnings; Africa
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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 studies the implications of the Uruguay Round for Kenya’s own trade regime and its external trading environment. The analysis indicates that Kenya did not undertake significant liberalization commitments under the Uruguay Round. There are however, several effects on Kenya’s external trading environment due to most-favored nation tariff cuts, erosion of preference margins, and changes in food prices. These effects are determined using simple computational techniques in a partial equilibrium framework. Overall, the results indicate that the effect on Kenya’s balance of payments in the medium-term may be negative but modest, and can be offset by pursuit of appropriate structural adjustment policies.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 1996: Issue 008