Download or read book Analysing the Effects of the Multifibre Arrangement on Developing Country Exporters written by W. J. Martin and published by . This book was released on 1989 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Effects of the multi fibre arrangement on developing countries trade an empirical investigation written by Refik Erzan and published by World Bank Publications. This book was released on 1989 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rather than ease up, the MFA has been getting tougher on most developing country exporters of textiles and clothing. Trade gains for new exporters (except for marginal suppliers) due to MFA have been exaggerated; main beneficiaries were the domestic producers in industrial countries.

Download or read book Textiles Trade and the Developing Countries written by Carl Hamilton and published by World Bank Publications. This book was released on 1990 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers contained in this volume deal with two central issues. The first is the positive question of the effects of the Multifibre Arrangement (MFA) on developing countries. The second is the normative question of how to phase out the MFA and integrate textiles and clothing trade in the normal GATT rules in the context of the current Uruguay Round of multilateral trade negotiations. The major effects of the MFA considered are the direct, trade-restricting effects of the bilateral quotas, their effects on prices of textiles and clothing in restricted and unrestricted markets, and hence on national and global welfare; the effects on fiber trade; the various inefficiencies introduced by the MFA and its administration; and finally, the implications of the arrangement for growth in the developing economies. These effects are discussed at a general level in the first part of this report. The second part contains a discussion of the effects of the MFA on particular countries. In considering the options for reforming the MFA, it was recognized that the successive arrangements reflected the pressures placed on governments by powerful interest groups, and that these pressures had to be taken into account in formulating proposals for policy reform. In this context a wide range of reform proposals was considered.

Download or read book Beyond the Multifibre Arrangement written by Giorgio Barba Navaretti and published by OECD. This book was released on 1995 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The History and Current Status of the Multifiber Arrangement written by John Alvin Taylor and published by . This book was released on 1978 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Formal Estimation of the Effect of the MFA on Clothing Exports from LDCs written by Jun?ichi Got? and published by World Bank Publications. This book was released on 1990 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exporting developing countries are losing a lot under the MFA's restrictions on trade in clothing : the trade- suppressing effects on restricted suppliers are big, the spillover effects on unrestricted LDCs are small.

Download or read book Effects of the Multifibre Arrangement on Developing Countries written by Junʼichi Gotō and published by World Bank Publications. This book was released on 1988 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Multifibre Arrangement (MFA), the most important restriction on textile and clothing exports, has damaging effects on many less developed countries, both in the short and long run.

Download or read book Sewing Success written by Gladys Lopez-Acevedo and published by World Bank Publications. This book was released on 2012-03-14 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: The end of the MFA was followed by rising apparel exports, falling prices, and a reallocation of production and employment between countries. There were also significant changes within countries. The first main finding of this report is that export and employment patterns after the MFA/ATC did not necessarily match predictions. While many predicted that production would shift to low-wage countries, this book shows that only 13 percent of variation in export changes post-MFA can be explained by the differences in wage levels. Second, changes in exports are usually, but not always, good indicators of what happens to wages and employment within countries. This is especially important for policy because it shows that simply using exports as a metric of 'success' in terms of helping the poor is not sufficient. Third, the Book identifies the specific ways that changes in the global apparel market affected earnings. The Book shows that wage premiums change in predictable ways: rising (in most cases) in countries that were proactive in adapting to the MFA phase-out and expanded their market shares, and falling in countries that failed to respond in a timely fashion to the changing environment. The Book shows that promoting 'upgrading' (defined as shifting to higher-value goods, shifting up the value chain, or 'modernizing' production techniques) seems to be necessary for sustainable competitiveness in the apparel sector but does not necessarily help the poor. Policies that support upgrading need to be complemented with targeted workforce development to make sure that the most vulnerable workers are not left behind. Having a vision for the evolution of the apparel sector that incorporates developing worker skills seems crucial. Otherwise, less-skilled workers could miss out on opportunities to gain valuable work experience in manufacturing.

Download or read book Implications for South Asian Countries of Abolishing the Multifibre Arrangement written by Will J. Martin and published by . This book was released on 2016 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modeling results suggest that South Asia as a whole will gain from the abolition of the quotas under the Multifibre Arrangement. Unambiguously, however, the gains from domestic reform will increase after the abolition of the Arrangement as export demand becomes more price responsive.Kathuria, Martin, and Bhardwaj provide a simple introduction to the economics of the Multifibre Arrangement (MFA) and use available empirical evidence to examine its impact on exports of garments and textiles, focusing on India. Their review of the basic economics of the MFA shows the discriminatory character of the Arrangement. While exporting countries can gain from quota rents, much of this gain is likely to be offset by losses in exports to unrestricted markets, through waste resulting from domestic rent-seeking behavior, or shared with industrial country importers. Moreover, the restrictions curtail the ability of countries to generate sorely needed employment in the labor-intensive garment and textile sectors. Recent estimates for India of the export tax equivalents of the quotas suggest that they increased in 1999, after a couple of years around lower levels.The authors also examine the domestic policy distortions affecting the industry in India. While the abolition of quotas on international trade in textiles in 2005 will create opportunities for developing countries, it will also expose them to additional competition from other, formerly restrained exporters. The outcome for any country will depend on its policy response. Countries that use the opportunity to streamline their policies and improve their competitiveness are likely to increase their gains from quota abolition. Modeling results suggest that South Asia as a whole will gain from quota abolition, although different countries may experience different results. Unambiguously, however, the gains from domestic reform will increase after the abolition of the quota arrangement.This paper - a product of Trade, Development Research Group and the South Asia Region - is part of a larger effort in the Bank to understand the impact of trade distortions and analyze domestic policy responses. The authors may be contacted at [email protected], [email protected], or [email protected].

Download or read book Do Developing Countries Lose from the MFA written by Irene Trela and published by London : Department of Economics, University of Western Ontario. This book was released on 1988 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides estimates of both national and global welfare costs of bilateral quotas on textiles and apparel using an applied general equilibrium model which covers bilateral quotas on exports of textiles and apparel negotiated between three major developed importing countries (the US, Canada and the EEC) and 34 supplying developing countries under the provisions of the Multifibre Arrangement applying in mid-1980s (MFA 111). Results using 1986 data clearly show that the vast majority of developing countries gain from MFA removal, with some gaining proportionately more than others. This suggests that despite foregone rent transfers, developing countries would receive gains by eliminating the MFA. In the central variant analysis, all developing countries gain by eliminating tariff and MFA restrictions because, contrary to popular belief, the developing countries (including Hong Kong, South Korea and Taiwan) are relatively small compared to developed countries even in apparel production. Rather than losing share to other developing countries under an MFA elimination, higher Income developing countries (like other developing countries) gain market share at the expense of reduced developed country production.

Download or read book China s Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Download or read book Methodology for Impact Assessment of Free Trade Agreements written by Michael G. Plummer and published by Asian Development Bank. This book was released on 2011-02-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.

Download or read book Rent Sharing in the Multi Fibre Arrangement written by Hui Tan Ling, Kala Krishna and published by World Bank Publications. This book was released on 1991 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Download or read book Global Trade Analysis written by Thomas Warren Hertel and published by Cambridge University Press. This book was released on 1997 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, drawn from the Global Trade Analysis Project (GTAP), aims to help readers conduct quantitative analysis of international trade issues in an economy-wide framework. In addition to providing a succinct introduction to the GTAP modeling framework and data base, this book contains seven of the most refined GTAP applications undertaken to date, covering topics ranging from trade policy, to the global implications of environmental policies, factor accumulation and technological change.

Download or read book Australian National Bibliography written by and published by National Library Australia. This book was released on 1978 with total page 1734 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Indian Textile and Clothing Industry written by Mausumi Kar and published by Springer. This book was released on 2015-04-30 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the textile and clothing Industry of India and its trade scenario from a global perspective. New developments in international policies related to trade and investment and falling barriers to trade worldwide as well as within individual regional communities have transformed the structure of production and global competition in the textile and apparel industries across the world. Furthermore, with the incorporation of textile trade in the GATT framework following the removal of quantitative restrictions, and the subsequent liberalization of investment opportunities, the Indian market is now home to several international brands, which has led to the present upsurge of FDI in this very important sector of the Indian economy. The book closely examines the nature and impact of such external changes on the industry’s structure and labour-related issues. The key feature of this book is that it presents a snapshot of all the domestic and international policies related to this sector, from the earliest relevant period to the present, and analyses the topical issues in significant detail. The book also offers some empirical analyses to show the impact of external changes on the concentration of firms in this industry and the regional inequalities that have emerged from regional variations in firms’ employment, labour-income and profit levels. Further, it addresses another striking feature, namely the role of preferential trading blocs or Regional Trading Arrangements (RTA) in creating trade-diverting effects related to this sector apart from the implications of foreign collaborations and cross-border mergers and acquisitions. Many economists fear that the benefits of these RTAs for the partner countries are much greater than those for India, with net gains of incremental exports from India being small or even negative. This book discusses these critical issues in the context of India’s textile and apparel trade.