THE IMPACT OF DOMESTIC AND GLOBAL TRADE LIBERALIZATION ON FIVE SOUTHERN AFRICAN COUNTRIES
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We compare the impact of alternative domestic and global trade liberalization scenarios on five
economies in Southern Africa. The study applies a computable general equilibrium model that
employs standardised 12-sector social accounting matrices for Malawi, Mozambique, Tanzania,
Zambia, and Zimbabwe. The approach incorporates stylised features such as own-household
consumption and marketing margins that are of particular importance when a majority of
agricultural producers are not sufficiently integrated into formal markets and thus rely on own
production to meet their daily diets. Hence, improved infrastructure implies lower marketing
costs and better market integration, which translates to increased production opportunities. The
comparison of the results across all five countries reveals that common policy measures have
different impacts depending on the underlying economic structures.