This paper presents the general economic equilibrium model of the Republic of Kazakhstan. The model includes eight macroagents. Four of the macroagents, Household, Producer, Bank, Owner, are described by optimisation problems. The other four macroagents follow prescribed scenarios. All agents...

Due to the distortions they create, the Egyptian government finally decided to phase out energy subsidies. This paper is an attempt to assess the dynamic and welfare implications of phasing energy subsidies. The paper also attempts to evaluate a number of policies designed to reduce the burden...

International trade in textile and apparel has been governed by quantitative restrictions under the Multi-Fiber Arrangement (MFA) and earlier agreements for more than 30 years. One of the major accomplishments of the Uruguay Round was the Agreement on Textiles and Clothing (ATC), which provides...