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GTAP Resource #3063

"Impact of Trade Liberalization Among the Developing 8: A General Equilibrium Analysis "
by Othman, Jamal, Mustafa Acar and Yaghoob Jafari

The Developing 8 (D-8) comprises 8 developing countries with large Muslim populations that have formed a freer trade alliance, all of which are OIC members. Among its objectives are to create new opportunities and enhance intra-trade relations while providing better standards of living amongst its citizens. This paper examines the trade impacts of possible trade liberalization among the D-8: Turkey, Malaysia, Indonesia, Bangladesh, Pakistan, Iran, Egypt, and Nigeria using a multi-country computable general equilibrium model, i.e., GTAP. Results indicate that while D-8 intra-trade is expected to increase very substantially, not all countries will experience a welfare gain under a free trade arrangement. Likewise, impact on economic sectors differs substantially across countries.

Key Words: Developing 8, OIC, trade liberalization, economic integration, CGE Analysis.

Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
Status: Not published
Date: 2010
Created: Othman, J. (4/15/2009)
Updated: Acar, M. (7/8/2011)
Visits: 2,003
- Domestic policy analysis
- Agricultural policies
- Asia (East)

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