Lessons Learned from the Phase-out of the MFA: Moving from Managed Distortion to Managed Distortion
AbstractWhile the elimination of the Multifibre Arrangement (MFA) was presumed to be a net global benefit because it represented an elimination of a distortionary set of trade agreements, it was based on the assumption that the underlying global trading regime was based on free trade principles. However, due to the trading pattern that has emerged after the MFA and its unintended consequences â€“ with production infrastructure and trading rules based on distortionary incentives so entrenched into the system â€“ the global trading regime after the elimination of quotas is still far short of free.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Food and Agriculture Organization, Agricultural and Development Economics Division in its journal eJADE: electronic Journal of Agricultural and Development Economics.
Volume (Year): 12 (2011)
Issue (Month): 1 ()
Contact details of provider:
Postal: Viale delle Terme di Caracalla, 00100 Rome
Phone: +39(6) 57051
Fax: +39(6) 57053152
Web page: http://www.fao.org/es/esa/en/ejade.htm
More information through EDIRC
MFA; textile and clothing; trade; Demand and Price Analysis; Industrial Organization; Institutional and Behavioral Economics; International Relations/Trade; Production Economics;
Other versions of this item:
- Hudson, Darren & Ethridge, Don E. & Mutuc, Maria Erlinda M., 2010. "LESSONS LEARNED FROM THE PHASE-OUT OF THE MFAs: MOVING FROM MANAGED DISTORTION TO MANAGED DISTORTION," Conference Papers 96674, Texas Tech University, Department of Agricultural and Applied Economics.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- J. Michael Finger & Ann Harrison, 1994.
"The MFA Paradox: More Protection and More Trade?,"
NBER Working Papers
4751, National Bureau of Economic Research, Inc.
- Juliette Milgram Baleix, 2005. "Quotas on Clothing Imports: Impact and Determinants of EU Trade Policy," Review of International Economics, Wiley Blackwell, vol. 13(3), pages 445-460, 08.
- Peter Walkenhorst, 2004. "Liberalising Trade in Textiles and Clothing: A Survey of Quantitative Studies," International Trade 0401007, EconWPA.
- Diao, Xinshen & Somwaru, Agapi, 2001. "Impact of the MFA phase-out on the world economy," TMD discussion papers 79, International Food Policy Research Institute (IFPRI).
- Kenneth A. Reinert, 2000. "Give Us Virtue, But Not Yet: Safegaurd Actions Under the Agreement on Textiles and Clothing," The World Economy, Wiley Blackwell, vol. 23(1), pages 25-55, 01.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.