Effects of the Uruguay Roundon Egypt and Morocco

IMF Working Papers, January 1, 1996

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Effects of the Uruguay Roundon Egypt and Morocco

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Bibliographic details

• Authors: Arvind Subramanian, Clinton R. Shiells, Peter P Uimonen
• Published: January 1, 1996
• Series: IMF Working Papers
• DOI: https://doi.org/10.5089/9781451928501.001

Authors and publication

• By Arvind Subramanian, Clinton R. Shiells, Peter P Uimonen
• January 1, 1996
• IMF Working Papers, Series: Working Paper No. 1996/007
• Issue: 007
• Volume: 1996
• Pages: 46
• DOI: https://doi.org/10.5089/9781451928501.001
• ISBN: 9781451928501
• ISSN: 1018-5941
• Stock No: WPIEA0071996

Objective and scope

• Presents simple computational techniques to examine a variety of effects of the Uruguay Round on developing country trade flows.
• Applies these methods to the cases of Egypt and Morocco to simulate implications for their medium-term balance of payments.
• Analysis takes into account:
  • most-favored-nation tariff cuts,
  • preference erosion,
  • liberalization of trade in textiles and clothing,
  • potential increases in world food prices.

Key findings and quantitative conclusions

• The simulation results indicate that the overall balance of payments implications of the Uruguay Round for Egypt and Morocco, while negative, may not be very significant.

Subject areas and keywords

• Subject: Exports, Food prices, Imports, International trade, Prices, Tariffs, Taxes, Trade barriers
• Keywords: balance of payments, bound rate, clothing export, demand elasticity, developing country, elasticities of import demand, EU market, EU merchandise import, EU Post, EU post-Uruguay Round tariff, Exports, food import, food price, Food prices, Imports, liberalization commitment, merchandise import, MFA quota, Middle East, tariff cut, Tariffs, Trade barriers, Uruguay Round agreement, Uruguay Round market access commitment, WP

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Source: IMF Working Paper "Effects of the Uruguay Roundon Egypt and Morocco" (Working Paper No. 1996/007), authors Arvind Subramanian, Clinton R. Shiells, Peter P Uimonen, January 1, 1996. DOI: https://doi.org/10.5089/9781451928501.001