Implications for South Asian Countries of Abolishing the Multifibre Arrangement

Implications for South Asian Countries of Abolishing the Multifibre Arrangement PDF Author: Sanjay Kathuria
Publisher: World Bank Publications
ISBN:
Category : Arrangement Regarding International Trade in Textiles
Languages : en
Pages : 30

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Book Description
Modeling results suggest that South Asia as a whole will gain from the abolition of the quotas under the Multifibre Arrangement. Unambiguously, however, the gains from domestic reform will increase after the abolition of the arrangement as export demand becomes more price responsive.

Implications for South Asian Countries of Abolishing the Multifibre Arrangement

Implications for South Asian Countries of Abolishing the Multifibre Arrangement PDF Author: Will J. Martin
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description
Modeling results suggest that South Asia as a whole will gain from the abolition of the quotas under the Multifibre Arrangement. Unambiguously, however, the gains from domestic reform will increase after the abolition of the Arrangement as export demand becomes more price responsive.Kathuria, Martin, and Bhardwaj provide a simple introduction to the economics of the Multifibre Arrangement (MFA) and use available empirical evidence to examine its impact on exports of garments and textiles, focusing on India. Their review of the basic economics of the MFA shows the discriminatory character of the Arrangement. While exporting countries can gain from quota rents, much of this gain is likely to be offset by losses in exports to unrestricted markets, through waste resulting from domestic rent-seeking behavior, or shared with industrial country importers. Moreover, the restrictions curtail the ability of countries to generate sorely needed employment in the labor-intensive garment and textile sectors. Recent estimates for India of the export tax equivalents of the quotas suggest that they increased in 1999, after a couple of years around lower levels.The authors also examine the domestic policy distortions affecting the industry in India. While the abolition of quotas on international trade in textiles in 2005 will create opportunities for developing countries, it will also expose them to additional competition from other, formerly restrained exporters. The outcome for any country will depend on its policy response. Countries that use the opportunity to streamline their policies and improve their competitiveness are likely to increase their gains from quota abolition. Modeling results suggest that South Asia as a whole will gain from quota abolition, although different countries may experience different results. Unambiguously, however, the gains from domestic reform will increase after the abolition of the quota arrangement.This paper - a product of Trade, Development Research Group and the South Asia Region - is part of a larger effort in the Bank to understand the impact of trade distortions and analyze domestic policy responses. The authors may be contacted at [email protected], [email protected], or [email protected].

Implications of the Uruguay Round Agreement for South Asia

Implications of the Uruguay Round Agreement for South Asia PDF Author: Benoit Blarel
Publisher: Allied Publishers
ISBN: 9780821342756
Category : Business & Economics
Languages : en
Pages : 224

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Book Description


India and the WTO

India and the WTO PDF Author: Robert M. Stern
Publisher: World Bank Publications
ISBN: 0821383663
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
This book is designed to clarify India's interests in the World Trade Organization's Doha Development Agenda and to provide a blueprint for its strategy in multilateral negotiations. The focus is on facilitating domestic and external policy reforms that can serve to bolster India's participation in the multilateral trading system and to enhance the effectiveness of India's trade and related policies in achieving developmental goals. Individual chapters address the economic effects on India of the Uruguay Round Negotiations and the prospective Doha Agenda negotiations; the implications of the abolition of the Multi-Fiber Agreement; services issues and liberalization; telecommunications policy reforms; foreign direct investment; intellectual property rights; competition policy; government procurement; standards and technical barriers; trade and environment; and, finally, a comprehensive analysis of the major issues coupled with concrete proposals to guide India's participation in the Doha Development Agenda.

Is the Bangladesh Paradox Sustainable?

Is the Bangladesh Paradox Sustainable? PDF Author: Selim Raihan
Publisher: Cambridge University Press
ISBN: 100928469X
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
Diagnostic account of how institutions and politics have shaped the development of Bangladesh and reforms needed for further development.

IDS Bulletin

IDS Bulletin PDF Author:
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 394

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Situation and Outlook Series

Situation and Outlook Series PDF Author:
Publisher:
ISBN:
Category : Agricultural assistance
Languages : en
Pages : 96

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The Elgar Companion to the Asian Development Bank

The Elgar Companion to the Asian Development Bank PDF Author: M. G. Quibria
Publisher: Edward Elgar Publishing
ISBN: 1800882963
Category : Political Science
Languages : en
Pages : 331

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Book Description
Providing an authoritative yet accessible introduction to the Asian Development Bank (ADB), this comprehensive Companion offers a detailed examination of the ADB’s objectives, policies, development outcomes, strengths and weaknesses, areas for reform, and challenges going forward.

 PDF Author:
Publisher: DIANE Publishing
ISBN: 1428906630
Category :
Languages : en
Pages : 507

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OECD Papers

OECD Papers PDF Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 226

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Book Description
A compilation of reports previously issued by the OECD.