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Some Implications of Europe 1992 for Developing Countries

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  • Sheila Page
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    Abstract

    Both the process of formation of the Single European Market, which implies major economic and legal changes in Europe, and the results, which imply greater efficiency and growth, affect the Community's trading partners. Initial calculations have suggested that, in aggregate, the benefits for the rest of the world roughly balance the costs. But many developing countries are directly affected by individual sectoral changes. Because of the relatively high degree of specialisation of their economies and trading patterns, the effects on individual developing economies are therefore potentially large. The changes which are likely to be most important for developing countries include: the removal of all barriers to intra-EC trade, which improves the competitiveness of EC relative to non-EC suppliers; the harmonisation of excise duties, which is helpful to coffee, tea and cocoa producers, and harmful to tobacco producers; the harmonisation of textile and clothing quotas, whose effects will ... Les partenaires commerciaux de la Communauté européenne sont simultanément affectés par la mise en place du marché unique européen qui implique des modifications importantes du système économique et législatif européen et par les conséquences de ce marché qui seront caractérisées par une augmentation de l'efficacité et de la croissance. Les évaluations initiales ont démontré que, dans l'ensemble, pour le reste du monde, les bénéfices égalaient les coûts. Cependant de nombreux pays en développement sont directement touchés par les changements sectoriels qui vont se produire dans chaque pays. A cause du niveau relativement élevé de spécialisation de leurs économies et de leurs structures commerciales, les effets sur chaque pays en développement sont donc potentiellement considérables. Pour les pays en développement, les changements probablement les plus importants seront : la suppression de toutes les barrières tarifaires dans les échanges intra-communautaires, ce qui va améliorer ...

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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Development Centre Working Papers with number 60.

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    Date of creation: Apr 1992
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    Handle: RePEc:oec:devaaa:60-en

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    Cited by:
    1. Langhammer, Rolf J., 1998. "European integration deepening and widening: implications for Asia," Kiel Working Papers 892, Kiel Institute for the World Economy.

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