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Titre : Coercion or engagement ? : Economics and Institutions in ACP-EU trade negotiations Type de document : document électronique Auteurs : Stepan Szepesi, Auteur Editeur : ECDPM Année de publication : 1998 Collection : Discussion Paper num. 56 Importance : 37 p Langues : Anglais (eng) Catégories : Coopération au développement Tags : Union Européenne ACP Index. décimale : 03.02 Accords Commerciaux Résumé : If concluded, Economic Partnership Agreements (EPAs) will constitute unprecedented reciprocal free trade arrangements between the world’s largest single market and some of the poorest economic regions. According to the Cotonou Agreement signed by the EU and the ACP countries, poverty alleviation and integration into the world economy are the overriding objectives of these EPAs. Yet, the economic and development impact of EPAs is ambiguous. A wide body of economic theory confirms that trade reform can lead to efficiency gains, increased competition, lower prices, knowledge transfers and ultimately higher economic growth. The robustness of this theory, however, has so far been predominantly demonstrated by North-North trade relations, one of the most renown examples being the internal market of the EU. Once North-South trade liberalisation is put in a similar framework, it becomes clear that some of the potential gains from a free trade agreement with the EU might not be realised due to a lack of enabling conditions within the ACP countries. Moreover, some of the costs that will invariably emerge due to trade reform will have more serious consequences for groups in the South. Undeniably, EPAs will know both winners and losers. Whether domestic policy measures can substantially mitigate the costs and optimise the benefits will depend on a variety of external as well as domestic factors. Coercion or engagement ? : Economics and Institutions in ACP-EU trade negotiations [document électronique] / Stepan Szepesi, Auteur . - [S.l.] : ECDPM, 1998 . - 37 p. - (Discussion Paper; 56) .
Langues : Anglais (eng)
Catégories : Coopération au développement Tags : Union Européenne ACP Index. décimale : 03.02 Accords Commerciaux Résumé : If concluded, Economic Partnership Agreements (EPAs) will constitute unprecedented reciprocal free trade arrangements between the world’s largest single market and some of the poorest economic regions. According to the Cotonou Agreement signed by the EU and the ACP countries, poverty alleviation and integration into the world economy are the overriding objectives of these EPAs. Yet, the economic and development impact of EPAs is ambiguous. A wide body of economic theory confirms that trade reform can lead to efficiency gains, increased competition, lower prices, knowledge transfers and ultimately higher economic growth. The robustness of this theory, however, has so far been predominantly demonstrated by North-North trade relations, one of the most renown examples being the internal market of the EU. Once North-South trade liberalisation is put in a similar framework, it becomes clear that some of the potential gains from a free trade agreement with the EU might not be realised due to a lack of enabling conditions within the ACP countries. Moreover, some of the costs that will invariably emerge due to trade reform will have more serious consequences for groups in the South. Undeniably, EPAs will know both winners and losers. Whether domestic policy measures can substantially mitigate the costs and optimise the benefits will depend on a variety of external as well as domestic factors. Documents numériques
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