This paper presents results from a CGE model where the twin terms of trade shocks that the Kenyan economy faced in the 1970s have been considered. The paper addresses the question of the robustness of the simulation results from these shocks through sensitivity analysis of key parameters in the...

Australia's trade with India and South Africa has been growing steadily in recent times. These countries have become more liberalised in trade during last five years and they also play a significant role in the Indian Ocean Rim-Association for Regional Cooperation (IOR-ARC). It has been proposed...