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Organization of the Islamic Conference (OIC) is the second largest intergovernmental organization after UN with its 57 members. OIC accounts for 22.48 percent of world population, 6.64 percent of world GDP, and 9.1 percent of world trade as of 2007. When it comes to having world valuable...
Persistent link: https://www.econbiz.de/10009415583
When impacts of WTO market access proposals are analyzed with economic trade models, it is necessary to aggregate tariff data from the detailed tariff line level to the model level. In this article import tariffs and implemented import tariff cuts are aggregated from the HS6-digit tariff line...
Persistent link: https://www.econbiz.de/10009415568
If South Asia and Sub-Saharan Africa are to become constructively engaged in the next attempt by World Trade Organization (WTO) members to liberalize trade multilaterally, they need to be convinced that there will be sufficient gains from trade reform to warrant the inevitable costs of...
Persistent link: https://www.econbiz.de/10009318896
The purpose of this paper is to estimate the impact of the integration of Maghreb countries into a free trade area on the main macroeconomic aggregates. By using the MIRAGE model and MacMap database, we tested different scenarios to estimate the gains or the potential losses of various plans of...
Persistent link: https://www.econbiz.de/10009393858
This paper shows a new exposition of the Trade Diversion Effect when Free Trade Agreements are created. Hub and spoke type of trade networks cause systemic overproduction, and member countries exit from the markets, whereas perfectly connected networks create sustainable markets in any number of...
Persistent link: https://www.econbiz.de/10009393868
The agreement recently signed between Morocco and the United States foresees several modalities in dismantling tariffs. Our simulations show that the various modalities of trade liberalization may have different impacts on the welfare, the rate of growth and the sectoral trade balance of these...
Persistent link: https://www.econbiz.de/10009393871
There is an ongoing debate about best ways to assess the compatibility of RTAs with WTO rules and the possible negative impact that the proliferation of RTA formation may have on individual members and on the stability of the multilateral trading system as a whole. Therefore, rules defining the...
Persistent link: https://www.econbiz.de/10009415593
Although textile and apparel imports from most countries entered the United States quota-free after the expiration of the Agreement on Textiles and Clothing on January 1, 2005, substantial restraints remain on U.S. trade in these sectors, including high tariffs, quantitative restraints on China...
Persistent link: https://www.econbiz.de/10009415603
The Barcelona process is an ongoing process and its first economic results are still insignificant. This study had two objectives. The first is to provide a global assessment of its impacts on the three North African countries that have already became members of this process, namely Tunisia,...
Persistent link: https://www.econbiz.de/10009421166
Market access liberalization has influenced product-specific growth of world exports and contributed to the shift in the structure of world exports of manufactures towards electrical and electronic goods (including parts and components), goods that require high R&D expenditures, and...
Persistent link: https://www.econbiz.de/10009364788