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Trade liberalisation under the Doha Development Agenda Options and consequences for Africa

Thom Achterbosch, Hakim Ben Hammouda (), Patrick Osakwe () and Frank van Tongeren ()

International Trade from University Library of Munich, Germany

Abstract: This study provides a quantitative estimate of the potential economic consequences of multilateral trade reform under the WTO for Africa using a framework that explicitly incorporates issues of concern to the region, such as preference erosion, loss of tariff revenue, and trade facilitation. It also examines the impact of OECD agricultural support programmes on economic welfare and specialisation in Africa. In the static version of the GTAP model, the study finds that full liberalisation of trade would increase global welfare (income) by 0.3 per cent, but would add 0.7 per cent annually to income in the African region. Sub-Saharan Africa and, to a lesser extent, Southern Africa, are vulnerable to partial trade reforms as they incur losses from partial reform while all other regions derive positive gains from a liberalisation of minor scope.

Keywords: international trade; general equilibrium WTO; Doha round; Africa; agricultural policy (search for similar items in EconPapers)
JEL-codes: F1 F2 (search for similar items in EconPapers)
Pages: 90 pages
Date: 2004-07-28
New Economics Papers: this item is included in nep-afr
Note: Type of Document - pdf; pages: 90. Joint study of United Nations Economic Commission for Africa and the Agricultural Economcis Research Institute (LEI) The Netherlands. General equilibium model of trade and production. Simulates possible effects of WTO-Doha agreement on African countries. Takes into acount existing trade preferces (GSP, ACP ect.) and existing binding overhang.
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