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GTAP Resource #794

"Impact of MFA Phase-out on the World Economy"
by Diao, Xinshen and Agapi Somwaru

International trade in textile and apparel has been governed by quantitative restrictions under the Multi-Fiber Arrangement (MFA) and earlier agreements for more than 30 years. One of the major accomplishments of the Uruguay Round was the Agreement on Textiles and Clothing (ATC), which provides for the dismantling of these restrictions. Under the Uruguay Round ATC, the MFA restrictions are to be phased out over a 10-year period and are scheduled to end by the year 2005. This study evaluates the possible effect of the MFA phase-out on the world economy, especially the effect on the structure of world textile markets. As textile and apparel industries have been important sources of growth for many developing countries, this study will focus on the effect of the MFA phase-out on the developing countries.

Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
2001 Conference Paper
Status: Published
By/In: Presented at the 4th Annual Conference on Global Economic Analysis, Purdue University, USA
Date: 2001
Created: (7/26/2001)
Updated: Bacou, M. (7/26/2001)
Visits: 3,280
No keywords have been specified.

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