Impact of the implementation of the ZLECAF on foreign trade, growth and well-being in Morocco: A computable general equilibrium approach

Hicham Attouch

No 333445, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Over the years, globalization and its corollary regionalization have only reinforced free trade trends. Indeed, free trade agreements have multiplied and with them hopes for greater mobility of goods, people and capital. It is within this framework that the implementation of the African Continental Free Trade Area "ZLECAF", which aims to be development and inclusive growth for all the countries of Africa. One of the essential steps for African integration and the achievement of Agenda 2063 is the strengthening of intra-continent trade. Such a strategic objective requires tariff and non-tariff liberalization. Using a computable general equilibrium approach, we analyzed, from the macroeconomic data of Morocco from 2015, the expected effects of a unilateral Morocco / rest of Africa tariff dismantling on foreign trade, growth and well-being. The results of our analysis show that imports from the rest of Africa will increase without the Moroccan economy being truly destabilized with some minor gains in certain sectors and also in household well-being.

Keywords: International Relations/Trade; International Relations/Trade (search for similar items in EconPapers)
Pages: 15
Date: 2022
New Economics Papers: this item is included in nep-afr, nep-ara and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:333445

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