Towards OIC Economic Cooperation: Impacts of Developing 8 (D-8) Preferential Trade Agreement

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Küçük Resim

Tarih

2013

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

World Scientific Publ Co Pte Ltd

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

The Developing 8 (D-8) comprises of eight developing countries (Turkey, Malaysia, Indonesia, Bangladesh, Pakistan, Iran, Egypt and Nigeria), all of which are OIC members with large Muslim populations. The D-8 has formed a freer trade alliance with the objectives to create new opportunities and enhance intra-trade relations while providing better standards of living for its citizens. This paper examines the trade impact of possible trade liberalization among the D-8 countries using a multi-country computable general equilibrium model, i.e., GTAP. Results indicate that while the D-8 intra-trade is expected to increase very substantially, not all member countries will experience a welfare gain under a free trade arrangement. Likewise, the impact on economic sectors differs substantially across countries.

Açıklama

Acar, Mustafa/0000-0002-7426-6747

Anahtar Kelimeler

Developing 8, organization of Islamic countries, trade liberalization, preferential trade arrangement, economic integration, GTAP

Kaynak

Singapore Economic Review

WoS Q Değeri

Q4

Scopus Q Değeri

Q2

Cilt

58

Sayı

2

Künye

closedAccess