When the Bolivian government tried to privatize water services on the recommendation of the World Bank in 1999 the citizens of Cochabamba, the country's third largest city, took their opposition to this liberalization project to the streets. These demonstrations intensii ed following a steep rise in water prices which had been the result of the takeover of the local water works by multinational...

The Association Agreement between Jordan and the EU entered into force in 2002. It provides a gradual reduction of import duties on EU products over a period of twelve years. In this paper we investigate the economic implications of induced trade liberalization on aggregate economic performance as well as effects on welfare and income distribution of heterogenous households. This is done by int...

The bill entitled: Proposed Bill for the Cashew SubSector Re-Industrialization in Mozambique has been submitted to Parliament, and discussions will take place for its modification or approval during the current session. Approval of this bill into a law as it is currently designed will have major short, medium and long term impacts for all participants of the cashew sector in Mozambique. The bil...

Economic liberalization almost everywhere has constituted a positive supply shock which has been profoundly disinflationary at the global level. Financial liberalization in the industrial countries has also given fuller rein to inherent tendencies towards “procyclicality”, a process of credit creation leading to asset price increases and heavy fixed investment which can amplify the business cyc...

This chapter reviews recent applications of computable general equilibrium (CGE) modeling in the analysis and evaluation of policies which affect interactions among multiple markets. At the core of this research is a particular approach to the data and structural representations of the economy, which we elaborate through the device of a canonical static multiregional model. We adapt and extend ...