Effects of the multifibre arrangement on developing countries : a survey
The purpose of this paper is to review the major findings of existing studies on the Multifibre Arrangement's (MFA) effect, with emphasis on the effects to LDCs, and to suggest the directions for further studies that are needed for a better understanding of the MFA. The paper is composed of six sections. Following the introduction, section 2 examines the dominant features of textile and clothing (T&C)exports from the LDCs. In section 3, the essence of the MFA provisions and their actual development is briefly summarized. These two sections provide a background to the discussion in the later part of the paper. Section 4 surveys the effects of the MFA on importing countries. The effects of the MFA on exporting LDCs are discussed in section 5. Finally, in section 6, a summary and conclusions are given, as well as the directions for further studies which are needed on the subject.
Economic Theory&Research,Environmental Economics&Policies,TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT,Trade Policy,Development Economics&Aid Effectiveness
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