NSU Research Contributions

Title : Bangladesh and the Uruguay Round: A general equilibrium welfare analysis

Authors : Helal Ahammad, Peter Warr

Abstract : A general equilibrium approach is used in this paper to analyse the effects that the Uruguay Round of the GATT may have on economic welfare in Bangladesh. The analysis is carried out in the 'second-best' situation wherein some policy distortions within Bangladesh still prevail, and a methodology is innovated to decompose the direct and indirect changes in economic welfare within Bangladesh. It is concluded that the Round is welfare-reducing for Bangladesh but that if Bangladesh were to reduce its own protection at the developing country average of 24 per cent, the welfare-reducing consequences of the Round would be approximately negated.

Journal : Bangladesh Development Studies	Volume : 22	Year : 1994	Issue : 4
Pages : 23-59	City :	Edition :	Editors :
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