IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v31y1999i9p1033-1042.html
   My bibliography  Save this article

Effects of STABEX on ACPs' economic growth: Further evidence

Author

Listed:
  • Francesco Aiello

Abstract

The paper deals with the economic growth of the open and small developing countries which signed the Lome Convention (henceforth ACPs). Results showing that earnings instability damages their economic performance can be used to support the EU policy of guaranteeing financial aid to those countries suffering reductions in export proceeds. The second section of the paper analysing the workings of STABEX, however, highlights certain weaknesses in the effectiveness of STABEX transfers when their impact on economic growth is considered. The general conclusion is that, if the current EU-ACP negotiations for Lome V are to be successful, then some aspects of the scheme (eligibility criteria and use of funds) will have to be radically changed.

Suggested Citation

  • Francesco Aiello, 1999. "Effects of STABEX on ACPs' economic growth: Further evidence," Applied Economics, Taylor & Francis Journals, vol. 31(9), pages 1033-1042.
    • Handle: RePEc:taf:applec:v:31:y:1999:i:9:p:1033-1042
    DOI: 10.1080/000368499323517
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/000368499323517
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/000368499323517?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Grilli,Enzo R., 1993. "The European Community and the Developing Countries," Cambridge Books, Cambridge University Press, number 9780521385114.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Noriko Ishikawa & Mototsugu Fukushige, 2007. "Impacts of tourism and fiscal expenditure to remote islands: the case of the Amami islands in Japan," Applied Economics Letters, Taylor & Francis Journals, vol. 14(9), pages 661-666.
    2. Carl Mela & Praveen Kopalle, 2002. "The impact of collinearity on regression analysis: the asymmetric effect of negative and positive correlations," Applied Economics, Taylor & Francis Journals, vol. 34(6), pages 667-677.
    3. Aiello, Francesco Aiello, 2010. "Experiences with Traditional Compensatory Finance Scheme and Lessons from FLEX - Esperienze dei tradizionali sistemi di compensazione finanziaria e lezioni dal caso FLEX," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 63(1), pages 1-52.
    4. Aiello, Francesco, 2002. "Financial stabilization systems, economic growth of developing countries and EU’s STABEX," MPRA Paper 38099, University Library of Munich, Germany.
    5. Francesco Aiello, 2009. "Experiences With Traditional Compensatory Finance Schemes And Lessons From Flex," Working Papers 200912, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Iván Martín, 2003. "El Sistema Generalizado de Preferencias: las razones de una frustración (Generalized System of Preferences: The Reasons for the Frustration)," International Trade 0307007, University Library of Munich, Germany.
    2. Giovanni Farese, 2020. "Enrico Cuccia, Mediobanca, and the decolonization of Guinea. An attempt at money-doctoring to boost Italian trade with Africa," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 9(2), pages 85-96.
    3. Lars Nilsson, 2002. "Trading relations: is the roadmap from Lometo Cotonou correct?," Applied Economics, Taylor & Francis Journals, vol. 34(4), pages 439-452.
    4. Carlo Secchi, 1993. "Europe et Amérique latine : quelles relations pour les années 90 ?," Revue Tiers Monde, Programme National Persée, vol. 34(136), pages 781-806.
    5. Honório Kume & Pedro Miranda & Marta Reis Castilho, 2004. "Acordo de Livre-Comércio Mercosul-União Européia : Uma Estimativa dos Impactos no Comércio Brasileiro," Discussion Papers 1054, Instituto de Pesquisa Econômica Aplicada - IPEA.
    6. Mathew Doidge, 2017. "The Changing Place of Development in EU–Asia Relations," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(4), pages 926-941, August.
    7. Philippe Hugon, 1993. "L'Europe et le Tiers Monde : entre la mondialisation et la régionalisation," Revue Tiers Monde, Programme National Persée, vol. 34(136), pages 725-748.
    8. Maria Persson & Fredrik Wilhelmsson, 2016. "EU Trade Preferences and Export Diversification," The World Economy, Wiley Blackwell, vol. 39(1), pages 16-53, January.
    9. Francesco Aiello, 1999. "The Stabilisation of LDCs' Export Earnings. The impact of the EU STABEX programme," International Review of Applied Economics, Taylor & Francis Journals, vol. 13(1), pages 71-85.
    10. Cadot, Olivier & de Melo, Jaime & Olarreaga, Marcelo, 1999. "Asymmetric Regionalism in Sub-Saharan Africa: Where Do We Stand?," CEPR Discussion Papers 2299, C.E.P.R. Discussion Papers.
    11. James Putzel, 1998. "The business of aid: Transparency and accountability in European union development assistance," Journal of Development Studies, Taylor & Francis Journals, vol. 34(3), pages 71-96.
    12. Österreichische Forschungsstiftung für Internationale Entwicklung (ÖFSE) (ed.), 2005. "Österreichische Entwicklungspolitik 2004. EU-Entwicklungspolitik - Quo vadis?," Austrian Development Policy Report, Austrian Foundation for Development Research (ÖFSE), number 268185.
    13. Keijzer, Niels & Bartels, Lorand, 2017. "Assessing the legal and political implications of the post-Cotonou negotiations for the Economic Partnership Agreements," IDOS Discussion Papers 4/2017, German Institute of Development and Sustainability (IDOS).
    14. Paul Collier & Jan Willem Gunning, 1995. "Trade Policy and Regional Integration: Implications for the Relations between Europe and Africa," The World Economy, Wiley Blackwell, vol. 18(3), pages 387-410, May.
    15. Roe, Terry L. & Gopinath, Munisamy, 1996. "World Trade Issues And Food Security," Working Papers 14425, University of Minnesota, Center for International Food and Agricultural Policy.
    16. Persson, Maria & Wilhelmsson, Fredrik, 2006. "Assessing the Effects of EU Trade Preferences for Developing Countries," Working Papers 2006:4, Lund University, Department of Economics, revised 26 Jun 2006.
    17. Maurizio Carbone, 2008. "Better aid, less ownership: multi-annual programming and the EU's development strategies in Africa," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(2), pages 218-229.
    18. Di Rubbo, P. & Canali, Gabriele, 2008. "A Comparative Study of EU and US Trade Policies for Developing Countries: The Case of Agri-Food Products," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43961, European Association of Agricultural Economists.
    19. Sabine C. Zanger, 2000. "Good Governance and European Aid," European Union Politics, , vol. 1(3), pages 293-317, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:31:y:1999:i:9:p:1033-1042. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.