This work considers effects of energy market liberalisation in the countries of the former Soviet Union (FSU). Our analysis is based on a computable general equilibrium (CGE) model called the Global Trade Analysis Project (GTAP). This specialised model makes it possible to evaluate effects in a...

The Kemp-Wan proposition on the existence of Pareto-improving customs union is extended by allowing the customs union to make trade agreements with non-members. We show that given some unused gains from trade a customs union improving its member' welfare with unchanged non-members' welfare...