Abstract
In an international setting characterized by a proliferation of regional trade agreements, seven countries of the West African Economic and Monetary Union (UEMOA) have created a customs union. The reform raises concerns in some countries, like Senegal, where government is dependent on tariff revenues. The author builds an intertemporal general equilibrium model to analyze the dynamic effects of the reform. Simulation results highlight the desirability for Senegal to pursue regional economic integration along with an outward‐looking strategy. The reform is welfare‐improving and expansionary with some sectoral diversity. In the long run, government and foreign debts increase.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
