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Estimates of Trade-Related Adjustment Costs in Syria

ACCOUNTING AGGREGATE IMPORTS AGRICULTURE APPAREL BANK POLICY BARRIERS TO TRADE BENCHMARK BENEFICIARIES BENEFITS OF TRADE BUDGET CONSTRAINT BUDGET DEFICIT CAPACITY CONSTRAINTS CAPITAL GOODS CENTRAL PLANNING CHANGES IN TRADE CHECKS COLLECTED TARIFF COLLECTED TARIFFS COMMON MARKET CONCESSIONS CONSTANT ELASTICITY OF SUBSTITUTION CONSUMER GOODS CONSUMERS CONTEXT OF TRADE POLICY CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CUSTOMS CUSTOMS AUTHORITIES CUSTOMS REGIME DEMAND ELASTICITY DEVELOPING COUNTRIES DOMESTIC CONSUMPTION DOMESTIC DEMAND DOMESTIC PRICE DOMESTIC PRODUCTION DUTY DRAWBACKS ECONOMIC DEVELOPMENT ECONOMIC HISTORY ECONOMIC INTEGRATION ECONOMIC POLICY ELASTICITY OF DEMAND ELASTICITY PARAMETERS ELIMINATION OF TARIFFS ENDOGENOUS TARIFF ENDOGENOUS TARIFF FORMATION EQUILIBRIUM EQUIPMENT EXCHANGE RATE EXCHANGE RATE REGIME EXPENDITURE EXPORT BIAS EXPORTER EXPORTERS EXPORTS FINANCIAL SUPPORT FOREIGN EXCHANGE FOREIGN GOODS FOREIGN PRODUCTS FOREIGN SOURCES FREE TRADE FREE TRADE AREA GENERAL AGREEMENT ON TARIFFS GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM ANALYSIS GOVERNMENT DEFICIT GRAVITY MODEL HUMAN DEVELOPMENT IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPORT DECLARATION IMPORT MARKETS IMPORT PRICE IMPORT PRICES IMPORT PRODUCTS IMPORT REGIME IMPORT REGIMES IMPORT TAX IMPORT TAXES IMPORT VALUE IMPORT VALUES IMPORT VOLUME IMPORTS INTERMEDIATE GOODS INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE INTERNATIONAL TRADING LEVIES LOBBYING LOST TARIFF REVENUE LOW TARIFFS MARKET PRICE MONOPOLY NATIONAL INCOME NON-TARIFF BARRIERS OPEN ECONOMY POLITICAL ECONOMY PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PREFERENTIAL TRADE AGREEMENTS PRICE CHANGE PRICE CHANGES PRICE DECLINES PRICE EFFECTS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE OF IMPORTS PROCESS OF TRADE LIBERALIZATION PROTECTION FOR SALE QUANTITATIVE RESTRICTIONS REDUCTION IN TARIFFS SUBSTITUTION EFFECT TARIFF CHANGE TARIFF ELIMINATION TARIFF EXEMPTIONS TARIFF FORMATION TARIFF LINE TARIFF LINES TARIFF PREFERENCES TARIFF RATE TARIFF RATES TARIFF REFORM TARIFF REVENUE TARIFF REVENUES TARIFF SCHEDULE TARIFF STRUCTURE TAX REVENUE TAX REVENUES TECHNICAL ASSISTANCE TECHNICAL BARRIERS TERMS OF TRADE TERMS OF TRADE EFFECTS TOTAL REVENUE TRADABLE GOODS TRADE ADJUSTMENT TRADE BARRIERS TRADE DATA TRADE FLOWS TRADE LIBERALIZATION TRADE MODELS TRADE PARTNERS TRADE POLICY TRADE POLICY ANALYSIS TRADE POLICY REFORM TRADE PROMOTION TRADE REFORM TRADE REGIME TRADE TAX TRADE TAXES TRADING PARTNER TRADING PARTNERS TRANSPARENCY TRUST FUND UNILATERAL REDUCTION UTILITY FUNCTION UTILITY FUNCTIONS VALUE ADDED VALUE OF IMPORTS VOTERS WELFARE GAINS WTO ZERO TARIFF ZERO TARIFFS
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Middle East and North Africa | Syrian Arab Republic
2012-03-19T18:40:58Z | 2012-03-19T18:40:58Z | 2010-07-01

The scope and complexity of international trading arrangements in the Middle East, as well as their spotty historical record of success, underscores the urgent need for an adequate understanding of the relative costs and benefits of participation in preferential trading arrangements and, more generally, of changes in domestic import regimes. This paper seeks to address this problem by providing estimates of the adjustment costs associated with two broad classes of hypothetical trade policy scenarios for Syria: participation in preferential trading arrangements, and changes in the domestic import regime. The authors find that the revenue consequences of the first scenario may be substantial. Their analysis of the second scenario suggests that the number of tariff bands can be reduced, while ensuring revenue neutrality, via the introduction of a value added tax of sufficient but reasonable size.

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