Implications of the Uruguay Round for Kenya

Author/Editor:

Rupa Chandha

Publication Date:

January 1, 1996

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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 trading environment due to most-favored nation tariff cuts, erosion of preference margins, and changes in food prices. These effects are determined using simple computational techniques in a partial equilibrium framework. Overall, the results indicate that the effect on Kenya’s balance of payments in the medium-term may be negative but modest, and can be offset by pursuit of appropriate structural adjustment policies.

Series:

Working Paper No. 96/8

Subject:

English

Publication Date:

January 1, 1996

ISBN/ISSN:

9781451927870/1018-5941

Stock No:

WPIEA0081996

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

26

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