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Economic Partnership Agreements between African-Caribbean-Pacific countries and the European Union: revisiting contested issues

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  • Richard Ilorah
  • Collins C. Ngwakwe

Abstract

Efforts to conclude Economic Partnership Agreements between African-Caribbean-Pacific countries and European Union drag on. The former prefers the Agreements as cooperation agreements, promoting development, whereas the latter prefers them strictly as trade regimes. Contested issues include the Agreements' scope and replacement of non-reciprocity of preferences with reciprocity of preferences. Africans doubted the relevance of the reciprocity principle to development but now succumb to pressures, signing the Agreements. This paper debates current developments in the Agreements, hoping that cautiousness prevails in making commitments. It suggests an alternation of trade benefits between the Agreement partners, based on economic outlooks.

Suggested Citation

  • Richard Ilorah & Collins C. Ngwakwe, 2015. "Economic Partnership Agreements between African-Caribbean-Pacific countries and the European Union: revisiting contested issues," Journal of African Business, Taylor & Francis Journals, vol. 16(3), pages 322-338, September.
  • Handle: RePEc:taf:wjabxx:v:16:y:2015:i:3:p:322-338
    DOI: 10.1080/15228916.2015.1089689
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    References listed on IDEAS

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    1. Ozden, Caglar & Reinhardt, Eric, 2005. "The perversity of preferences: GSP and developing country trade policies, 1976-2000," Journal of Development Economics, Elsevier, vol. 78(1), pages 1-21, October.
    2. Sukati, Mphumuzi A, 2010. "The Economic Partnership Agreements (EPAs) and the Southern African Customs Union (SACU) Region- The Case for South Africa," MPRA Paper 25103, University Library of Munich, Germany.
    3. Mareike Meyn, 2008. "Economic Partnership Agreements: A 'Historic Step' Towards a 'Partnership of Equals'?," Development Policy Review, Overseas Development Institute, vol. 26(5), pages 515-528, September.
    4. Sadni Jallab, Mustapha & Karingi, Stephen & Oulmane, Nassim & Perez, Romain & Lang, RĂ©mi & Ben Hammouda, Hakim, 2005. "Economic and Welfare Impacts of the EU-Africa Economic Partnership Agreements," MPRA Paper 12875, University Library of Munich, Germany.
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