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Bilateral Graduation: The Impact of EPAs on LDC Trade Space

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  • Alisa Dicaprio
  • Silke Trommer

Abstract

As trade is prominently mainstreamed into development policies, the ongoing Economic Partnership Agreement (EPA) negotiations between the EU and the African, Carribbean and Pacific (ACP) countries are a turning point in Least Developed Countries (LDC) engagement with the international trading system. The process covers most UN-designated LDCs and is the first time they feature in the first row of international trade talks. We explore how the space LDCs occupy in the trade regime will be affected by EPAs. The analysis suggests that they move LDCs towards effective graduation from special and differential treatment, while innovating on policy tools to address underdevelopment.

Suggested Citation

  • Alisa Dicaprio & Silke Trommer, 2010. "Bilateral Graduation: The Impact of EPAs on LDC Trade Space," Journal of Development Studies, Taylor & Francis Journals, vol. 46(9), pages 1607-1627.
  • Handle: RePEc:taf:jdevst:v:46:y:2010:i:9:p:1607-1627
    DOI: 10.1080/00220381003706502
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    References listed on IDEAS

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    1. Paul Collier & Anthony J. Venables, 2007. "Rethinking Trade Preferences: How Africa Can Diversify its Exports," The World Economy, Wiley Blackwell, vol. 30(8), pages 1326-1345, August.
    2. Patrick Guillaumont, 2009. "An Economic Vulnerability Index: Its Design and Use for International Development Policy," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 193-228.
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