|
Advanced search
Previous page
|
Title
Would Multilateral Trade Reform Benefit Sub-Saharan Africans? |
Full text
http://hdl.handle.net/1885/105693 |
Date
2006 |
Author(s)
Anderson, Kym; Martin, Will; van der Mensbrugghe, Dominique |
Abstract
This paper examines whether the Sub-Saharan African economies could gain
from multilateral trade reform in the presence of trade preferences. The World
Bank's LINKAGE model of the global economy is employed to examine the
impact first of current trade barriers and agricultural subsidies, and then of
possible outcomes from the WTO's Doha round. The results suggest moving
to free global merchandise trade would boost real incomes in Sub-Saharan
Africa proportionately more than in other developing countries or in high income
countries, despite a terms of trade loss in parts of the region. Farm
employment and output, the real value of agricultural and food exports, the
real returns to farm land and unskilled labour, and real net farm incomes
would all rise in the region, thereby alleviating poverty. Results for a Doha
partial liberalisation of both agricultural and non-agricultural trades take
the region only a small part of the way towards those desirable outcomes. - This paper is a product of the World Bank's DfID-funded project on Trade Reform and the Doha Development Agenda. The authors are grateful for funding from the UK's Department for International
Development. |
Subject(s)
Sub-Saharan; African; economies; multilateral; trade; reform; preferences; World Bank; LINKAGE model; global; economy; barriers; agricultural; subsidies; WTO; Doha; free; merchandise; real; incomes |
Language
en_AU |
Publisher
Oxford University Press (OUP) |
Type of publication
Journal article |
Format
45 pages; application/pdf |
Source
Journal of African Economies |
Rights
© The author 2006. Published by Oxford University Press on behalf of
the Centre for the Study of African Economies. |
Identifier
0963-8024; 10.1093/jae/ejk013 |
Repository
Canberra - Australian National University
|
Added to C-A: 2018-11-22;14:12:56 |
© Connecting-Africa 2004-2024 | Last update: Friday, March 8, 2024 |
Webmaster
|