Adjusting to the MFA Phase-Out: Policy Priorities

Publication Date: April 2005

Publisher: Center for Global Development; Center for Global Development

Author(s): Debapriya Bhattacharya; Kimberly A. Elliott; Debapriya Bhattacharya; Kimberly A. Elliott

Research Area: Manufacturing and industry

Type:

Abstract:

In this brief we focus on potential disruptions in poor countries and the policy priorities for coping with them. In particular, we recommend that the United States, which is the only rich country that does not grant tariff-free access for imports from all least-developed countries, provide this access as quickly as possible. In addition, to take advantage of any resulting opportunities, beneficiary countries must adopt domestic reforms to encourage greater productivity.