Author: Sanjay Kathuria
Publisher: World Bank Publications
ISBN:
Category : Arrangement Regarding International Trade in Textiles
Languages : en
Pages : 30
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
Author: Will J. Martin
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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].
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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
Author: Benoit Blarel
Publisher: Allied Publishers
ISBN: 9780821342756
Category : Business & Economics
Languages : en
Pages : 224
Book Description
Publisher: Allied Publishers
ISBN: 9780821342756
Category : Business & Economics
Languages : en
Pages : 224
Book Description
India and the WTO
Author: Robert M. Stern
Publisher: World Bank Publications
ISBN: 0821383663
Category : Business & Economics
Languages : en
Pages : 400
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.
Publisher: World Bank Publications
ISBN: 0821383663
Category : Business & Economics
Languages : en
Pages : 400
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?
Author: Selim Raihan
Publisher: Cambridge University Press
ISBN: 100928469X
Category : Business & Economics
Languages : en
Pages : 443
Book Description
Diagnostic account of how institutions and politics have shaped the development of Bangladesh and reforms needed for further development.
Publisher: Cambridge University Press
ISBN: 100928469X
Category : Business & Economics
Languages : en
Pages : 443
Book Description
Diagnostic account of how institutions and politics have shaped the development of Bangladesh and reforms needed for further development.
IDS Bulletin
Author:
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 394
Book Description
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 394
Book Description
Situation and Outlook Series
Author:
Publisher:
ISBN:
Category : Agricultural assistance
Languages : en
Pages : 96
Book Description
Publisher:
ISBN:
Category : Agricultural assistance
Languages : en
Pages : 96
Book Description
The Elgar Companion to the Asian Development Bank
Author: M. G. Quibria
Publisher: Edward Elgar Publishing
ISBN: 1800882963
Category : Political Science
Languages : en
Pages : 331
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.
Publisher: Edward Elgar Publishing
ISBN: 1800882963
Category : Political Science
Languages : en
Pages : 331
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.
Author:
Publisher: DIANE Publishing
ISBN: 1428906630
Category :
Languages : en
Pages : 507
Book Description
Publisher: DIANE Publishing
ISBN: 1428906630
Category :
Languages : en
Pages : 507
Book Description
OECD Papers
Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 226
Book Description
A compilation of reports previously issued by the OECD.
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 226
Book Description
A compilation of reports previously issued by the OECD.