Goldin, I., and D. van der Mensbrugghe, “The Uruguay Round: An Assessment of Economywide and Agricultural Reforms”, presented at a World Bank conference on the Uruguay Round and the Developing Countries, January 26-27, 1995.
Hertel, T., and others, “Liberalizing Manufactures Trade in a Changing World Economy”, presented at a World Bank conference on the Uruguay Round and the Developing Countries, January 26-27, 1995.
Kirmani, N., and others, International Trade Policies: The Uruguay Round and Beyond, Volume II, Background Papers. (Washington. International Monetary Fund, 1994).
Goods subject to rates of 55 or 80 percent imported from “nonscheduled” suppliers (including Japan, Switzerland, and Korea) bear an additional duty of 20 percentage points.
The simple average tariff for raw materials is 14.8 percent, for semi-manufacturers 17.2 percent, and for finished goods 39.5 percent.
A program of tariff cuts has been adopted by the 22 PTA/COMESA Member States with a view to the elimination of tariffs applied to trade among themselves by the year 2000.
The current regime provides for a relatively liberalized framework and has been conducive to the growth of tourism and telecommunication sectors.
Sugar and clothing have been excluded, because exports of sugar will not be affected by preference erosion, as discussed above, and exports of clothing will be affected by changes in EU quotas rather than preference erosion, as discussed below.
Most notably, price-elasticities of demand are subject to considerable uncertainty.
Assumptions on relative competitiveness can be partly derived from the analysis of relative unit labor costs presented in Chapter II, which shows that unit labor costs in Mauritius have grown faster than in the selected competitor countries since 1985.