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Would Multilateral Trade Reform Benefit Sub-Saharan Africans?

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World Bank (WB)

Abstract: This paper examines whether the Sub-Saharan African economies could gain from multilateral trade reform in the presence of trade preferences. The World Bank's LINKAGE model of the global economy is employed to examine the impact first of current trade barriers and agricultural subsidies, and then of possible outcomes from the WTO's Doha round. The results suggest moving to free global merchandise trade would boost real incomes in Sub-Saharan Africa proportionately more than in other developing countries or in high-income countries, despite a terms of trade loss in parts of the region. Farm employment and output, the real value of agricultural and food exports, the real returns to farm land and unskilled labor, and real net farm incomes would all rise in the region, thereby alleviating poverty. A Doha partial liberalization of both agricultural and nonagricultural trade could significantly benefit the region.
Type: Publications & Research
Publications & Research :: Policy Research Working Paper
Link: http://hdl.handle.net/10986/8174
Subject: AGGREGATE IMPORTS
AGRICULTURAL EXPORT SUBSIDIES
AGRICULTURAL MARKETS
AGRICULTURAL OUTPUT
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTS
AGRICULTURAL PROTECTION
AGRICULTURAL SECTOR
AGRICULTURAL SUBSIDIES
AGRICULTURAL SUPPORT
AGRICULTURAL TRADE
AGRICULTURE
APPLIED TARIFF
AVERAGE TARIFFS
BASE YEAR
BENCHMARK
BILATERAL TRADE
CAPITAL ACCOUNT
CAPITAL ACCUMULATION
CAPITAL GOODS
CONCESSIONS
CONSTANT RETURNS TO SCALE
CONSUMER PRICE INDEX
CONSUMERS
COUNTRY CASE STUDY
COUNTRY MARKETS
CURRENT ACCOUNT
CURRENT ACCOUNT BALANCE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT AID
DOMESTIC CONSUMPTION
DOMESTIC PRODUCTION
DOMESTIC PRODUCTION SUBSIDIES
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC SECTORS
ECONOMIC WELFARE
ELASTICITIES
ELASTICITY
EMPIRICAL ANALYSIS
EMPLOYMENT
EQUIVALENT VARIATION
EXPORT PRICE
EXPORT PRICES
EXPORT SUBSIDIES
EXPORT TAXES
EXTREME POVERTY
FARM HOUSEHOLDS
FARMS
FOOD EXPORTS
FOOD INDUSTRY
FREE ACCESS
FULL EMPLOYMENT
FULL LIBERALIZATION
GDP
GENERALIZED SYSTEM OF PREFERENCES
GLOBAL COMPUTABLE GENERAL EQUILIBRIUM
GLOBAL EXPORTS
GLOBAL FREE TRADE
GLOBAL TRADE
GLOBAL TRADE ANALYSIS
HEADCOUNT INDEX
HIGH TARIFFS
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
IMPORT BARRIERS
IMPORT INCREASES
IMPORT PRICES
IMPORT TARIFF
IMPORT TARIFFS
INCOME
INCOME COUNTRIES
INCOME HOUSEHOLDS
INCREASED ACCESS
INDIVIDUAL COUNTRIES
INTERMEDIATE GOODS
INTERNATIONAL MARKETS
INTERNATIONAL PRICES
INTERNATIONAL TERMS
ITC
LORENZ CURVE
MARKET ACCESS
MARKET POWER
MULTILATERAL NEGOTIATIONS
MULTILATERAL TRADE
MULTILATERAL TRADE NEGOTIATIONS
MULTILATERAL TRADE REFORM
NET EXPORTER
NET EXPORTERS
NON-TARIFF BARRIERS
PATTERN OF TRADE
PERFECT COMPETITION
POLICY ANALYSIS
POLICY CHANGES
POLICY IMPLICATIONS
POLICY RESEARCH
POOR LIVING
POVERTY ALLEVIATION
PRICE CHANGES
PRICE INDEX
PRODUCERS
PRODUCT DIFFERENTIATION
PRODUCT MARKETS
PRODUCTION TECHNOLOGY
PRODUCTIVITY
PROTECTION DATA
PROTECTION POLICIES
PROTECTION RATES
QUOTAS
REAL EXCHANGE RATE
REAL INCOME
RESEARCH INSTITUTIONS
RULES OF ORIGIN
SAVINGS
SUB-SAHARAN AFRICA
TARIFF BARRIERS
TARIFF PREFERENCES
TARIFF RATE
TARIFF REFORM
TARIFF REVENUES
TAXATION
TECHNOLOGICAL PROGRESS
TERMS OF TRADE
TERMS OF TRADE LOSS
TRADE BALANCE
TRADE BARRIERS
TRADE DATA
TRADE EFFECT
TRADE FACILITATION
TRADE FLOWS
TRADE LIBERALIZATION
TRADE LOSSES
TRADE MODELS
TRADE NEGOTIATIONS
TRADE PATTERNS
TRADE POLICIES
TRADE POLICY
TRADE PREFERENCE ARRANGEMENTS
TRADE PREFERENCES
TRADE REFORMS
UNEMPLOYMENT
UNSKILLED LABOR
UNSKILLED WORKERS
URUGUAY ROUND
VALUE ADDED
WAGES
WELFARE GAINS
WELFARE IMPACTS
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO




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