Consequences of Economic Partnership Agreements between East and Southern African Countries and the EU for Inter- and Intra-regional Integration
AbstractThe European Union is currently negotiating Economic Partnership Agreements (EPAs) with six African, Caribbean and Pacific country groupings, aiming at establishing mutual free trade. This paper empirically assesses the impact of the EPAs on trade flows and government revenues for 22 East and Southern African countries and discusses implications for intra-regional integration. The results indicate that while moderate trade effects can be expected, relatively large budget effects are likely to occur in a number of these countries, exposing them to considerable structural and financial adjustment requirements. In addition, EPAs would strengthen the need to consolidate overlapping intra-regional integration schemes.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal International Economic Journal.
Volume (Year): 21 (2007)
Issue (Month): 2 ()
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Other versions of this item:
- Borrmann, Axel & Busse, Matthias & de la Rocha, Manuel, 2007. "Consequences of economic: Partnership agreements between East and Southern African countries and the EU for inter- and intra-regional integration," HWWI Research Papers 2-8, Hamburg Institute of International Economics (HWWI).
- F15 - International Economics - - Trade - - - Economic Integration
- O24 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
- O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
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