This paper develops a model to estimate the effects of export subsidies on the supply of exports. Using data for Costa Rica over the 1980`s, it is shown that while the export subsidy scheme in operation led to an increase in exports, the direct fiscal costs of the scheme were quite large....

This paper presents simple computational techniques to examine a variety of effects of the Uruguay Round on developing country trade flows. These methods are applied to the cases of Egypt and Morocco to simulate the implications of the Round for their medium-term balance of payments. The...

This paper attempts to assess the incremental external financing requirements occasioned by changes in world food prices, due to implementation of the Uruguay Round Agreement on Agriculture, for a sample of 57 developing countries. Based on estimates of changes in food prices due to the Round...

We analyze the impact of the elimination of textile and clothing (Tamp;C) quotas in 2005 on India. Our simulations suggest that while Indian exports of Tamp;C will continue to expand in the presence of the safeguards on China, they will be affected adversely once these safeguards are lifted. We...

This paper studies the implications of the Uruguay Round for Kenya`s own trade regime and its external trading environment. The analysis indicates that Kenya did not undertake significant liberalization commitments under the Uruguay Round. There are however, several effects on Kenya`s external...

We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic...

South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This underperformance has been due to both policy-related variables—relatively high tariff and non-tariff...

Regional integration could be turned into a basic factor for economic growth if combined with a strong economic-development-oriented governmental strategy. The effects of regional integration can be maximized for countries stressing open trade as opposed to creating trade-diverting conditions,...

In this article, the global simulation model (GSIM) of Joseph F. Francois and Keith H. Hall (2009) for analyzing global, regional, and unilateral trade policy changes was applied to Serbia. This was to measure the effects of full trade liberalization with the EU after Serbian accession to the...

In this paper the results of a number of numerical simulations of possible trade liberalization scenarios in the ESCAP region are presented. The scenarios considered include: expansion of existing trade blocs to encompass new members; consolidation and deepening of existing trade agreements; and...