Piecemeal Trade Reform in Partially Liberalized Economies: An Evaluation for Turkey

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· Pre working paper series Knjiga 951 · World Bank Publications
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34
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Given Turkey's already extensive trade liberalization, a move to uniform external incentives would bring most of the benefits of full trade liberalization. Moreover, it is not enough to have piecemeal reform of tariffs or export susidies alone. Harmonizing Turkey's already low tariffs to the European Community's tariff structure will improve Turkey's welfare only if Turkey at the same time removes or reduces its export subsidies.

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