Implications of the Uruguay Round for Kenya /

This paper studies the implications of the Uruguay Round for Kenya's own trade regime and its external trading environment. The analysis indicates that Kenya did not undertake significant liberalization commitments under the Uruguay Round. There are however, several effects on Kenya's exte...

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Bibliographic Details
Main Author: Chandha, Rupa
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/008
Online Access:Full text available on IMF
Description
Summary:This paper studies the implications of the Uruguay Round for Kenya's own trade regime and its external trading environment. The analysis indicates that Kenya did not undertake significant liberalization commitments under the Uruguay Round. There are however, several effects on Kenya's external trading environment due to most-favored nation tariff cuts, erosion of preference margins, and changes in food prices. These effects are determined using simple computational techniques in a partial equilibrium framework. Overall, the results indicate that the effect on Kenya's balance of payments in the medium-term may be negative but modest, and can be offset by pursuit of appropriate structural adjustment policies.
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Physical Description:1 online resource (26 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students