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Can regional integration accelerate development in Africa? : CGE model simulations of the impact of the SADC FTA on the Republic of Madagascar

Author: Jean-Jacques Hallaert; International Monetary Fund. Policy Development and Review Department.
Publisher: Washington, D.C. : International Monetary Fund, ©2007.
Series: IMF working paper, WP/07/66.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Madagascar plans to start phasing out its customs tariffs on imports from the Southern African Development Community in 2007. This paper uses a CGE model to evaluate the impact of the SADC FTA on Madagascar economy. The results suggest that the SADC FTA would only have a limited impact on Madagascar's real GDP because the liberalization affects only a small share of its total imports. However, Madagascar's trade and  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Hallaert, Jean-Jacques.
Can regional integration accelerate development in Africa?.
Washington, D.C. : International Monetary Fund, ©2007
(OCoLC)136973367
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Jean-Jacques Hallaert; International Monetary Fund. Policy Development and Review Department.
ISBN: 1283513633 9781283513630
OCLC Number: 648518931
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (30 pages) : illustrations
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: IMF working paper, WP/07/66.
Other Titles: CGE model simulations of the impact of the SADC FTA on the Republic of Madagascar
Responsibility: prepared by Jean-Jacques Hallaert.

Abstract:

Madagascar plans to start phasing out its customs tariffs on imports from the Southern African Development Community in 2007. This paper uses a CGE model to evaluate the impact of the SADC FTA on Madagascar economy. The results suggest that the SADC FTA would only have a limited impact on Madagascar's real GDP because the liberalization affects only a small share of its total imports. However, Madagascar's trade and production pattern would change and benefit the textile and clothing sector. Removing rigidities in the labor and capital market would increase the gains but they would remain limited. Gains from the SADC FTA become substantial only when the regional liberalization is accompanied by a multilateral liberalization.

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