More documents from Tsakiridou, Efthimia; Somwaru, Agapi; Mattas, Konstadinos
More documents from Applied Economics

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

Middle East and North Africa countries' agricultural export potentials under trade reforms

[journal article]

Tsakiridou, Efthimia; Somwaru, Agapi; Mattas, Konstadinos

fulltextDownloadDownload full text

(500 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
Abstract Middle East and North Africa (MENA) countries future stand in the world's economy depends to a large extent on the potentials of their agriculture to perform in a free trade world. EU is the largest market for agricultural products of MENA countries, though new outlets and new partnerships can expand the market of their produce. Enhancing agriculture's potentials safeguards the economy's general expansion and impede the flee of MENA countries' huge labor reserves to the developed world. In this work, introducing a few possible trade reforms, a general equilibrium model is employed to assess the impacts upon region's export potentials and welfare changes. Selecting certain distinct scenarios from a wide spectrum of anticipated trade reforms, and feeding them into the model, insights on the direction of the expected changes and rough estimates of accrued benefits can be extracted. The model results suggest that the region might benefit the most under special provisions for developing countries in a WTO agreement, while in the case of EU-Med agreement agricultural trade will benefit MENA countries and can induce economic growth through the expansion of agricultural exports.
Classification International Relations, International Politics, Foreign Affairs, Development Policy; Economic Policy; Economic Sectors
Free Keywords trade reform; MENA countries; Mediterranean countries; agricultural exports; trade agreements
Document language English
Publication Year 2010
Page/Pages p. 1591-1599
Journal Applied Economics, 42 (2010) 12
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)