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Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the … African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African …-Saharan Africa and assesses the potential benefits and costs of the AfCFTA, as well as challenges to its successful implementation …
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Growth and development in middle- and low-income countries often come at an environmental cost, but is that trade … impact of the world's most significant plurilateral trade agreement, the African Continental Free Trade Agreement (AfCFTA …-Central Africa, the AfCFTA is expected to reduce emissions, while in Ethiopia, Cameroon, and Burkina Faso, estimations show an …
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suffer. More than the loss in trade, China will experience substantial welfare loss due to all of allocative inefficiency …, worsening terms of trade and endowment effect. Of these, worsening terms of trade explain the largest part of welfare loss to … the country. With the withdrawal of the USA from the deal, China’s trade with the region and its welfare is likely to …
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would affect the overall growth and welfare of each of the TPP-ASEAN countries. For this purpose, the study separately … positive growth in total output and trade when the USA is a member. Vietnam and Malaysia, in particular are the largest … Vietnam, have a number of existing FTAs with some major TPP members and hold a significant trade share with them. However …
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-Pacific Partnership (CPTPP) on the Philippines using a CGE-microsimulation model. From the standard Global Trade Analysis Project (GTAP … welfare in terms of incomes or consumption. After looking at the aggregate market- level reactions, the study then measures … the adjustments at the worker level and determines how the exposure to trade with a particular region such as the CPTPP …
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Rodriguez-Clare (2014), we estimate the welfare effects of the AfCFTA for 45 countries in Africa. Three different model … welfare gains from trade liberalization in Africa. As intra-regional import tariffs in the continent are already low, the bulk … (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and services and is expected to …
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