We examine some of the most recent works on general equilibrium models that measured the impact of trade liberalisation on household welfare. We modify the standard neo-classical model and apply it to a typical South Asian village economy which is still lagging in studies of policy modelling. We...

This paper uses a computable general equilibrium model applied to social accounting matrix database to assess the macroeconomic and distributional impacts of trade with and without exchange rate (EXR) liberalisation in a small, developing and transition economy of Nepal. We implement trade...

In this paper we use the latest Social Accounting Matrix (SAM) for Nepal and some complementary data to specify the concentration of the poor in this typical South Asian village economy. Applying SAM multipliers, we analyze the flow structure in Nepalese economy. On top of this analysis, we...