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This paper addresses two issues: (i) the extent of the restrictiveness/effectiveness of the Multifibre Arrangement (MFA) with respect to the developing country suppliers of textile products during the 1980s, and (ii) the extent to which these restrictions yield trade gains for the less...
Persistent link: https://www.econbiz.de/10005080182
Two approaches took the lead in the negotiations to dismantle the Multi-Fibre Arrangement (MFA): (a) a phaseout with the framework of the MFA, proposed by developing countries, the European Community, Japan, and the Nordic countries; and (b) a new transitional structure relying on global quotas...
Persistent link: https://www.econbiz.de/10005141758
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Available estimates of tariff equivalents and welfare costs of MFA quotas are based on the premise of perfect competition in both product and license markets, and the assumption that exporting countries receive all the scarcity rent. We test if U.S. apparel imports from Hong-Kong conform with...
Persistent link: https://www.econbiz.de/10005217922
Available estimates of tariff equivalents of quotas and welfare calculations on the costs of MFA quotas for developing countries are based on the premise of perfect competition in both product and license markets. It is also assumed that the exporting countries which administer the MFA quotas...
Persistent link: https://www.econbiz.de/10005775042
The authors address two questions in this report : 1) have exporters in sub - Saharan Africa (SSA) faced more or less protection in Japan, the EC, and the United States than other developing countries and 2) to what extent has protection in those markets constrained SSA's export growth. The...
Persistent link: https://www.econbiz.de/10005128528
Historically, Eastern Europe has not been favorably treated in terms of quota growth in the European Community and U.S. markets - often quite the contrary. But the EC and U.S. treatment of these countries has already changed since their reform and can be expected to become even more favorable....
Persistent link: https://www.econbiz.de/10005129096
This paper addresses the question of how important officially supported export credits (OSECs) were, both in quantity and quality, in Sub-Saharan Africa's (SSA) external financing during the last two decades, and examines the prospects for the 1990s. The paper begins by briefly explaining the...
Persistent link: https://www.econbiz.de/10005133430