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Assessing the Impact of ACP/EU Economic Partnership Agreement on West African Countries

Author

Listed:
  • Busse, Matthias
  • Grossmann, Harald

Abstract

The European Union is currently negotiating free trade agreements, called Economic Partnership Agreements (EPAs), with African countries as part of the Cotonou Agreement between the European Union and African, Caribbean and Pacific countries. The paper empirically assesses the impact of the EPAs on trade flows and government revenue for 14 West African countries. The results indicate that the decline in import duties due to the preferential tariff elimination might be of some cause for concern and that complementary fiscal and economic policies have to be implemented before or at the time the EPAs come into force.

Suggested Citation

  • Busse, Matthias & Grossmann, Harald, 2004. "Assessing the Impact of ACP/EU Economic Partnership Agreement on West African Countries," Discussion Paper Series 26198, Hamburg Institute of International Economics.
    • Handle: RePEc:ags:hwwadp:26198
    DOI: 10.22004/ag.econ.26198
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    Cited by:

    1. Walkenhorst, Peter, 2006. "Compensating Lost Revenue in Regional Trade Agreements," MPRA Paper 12279, University Library of Munich, Germany.
    2. Walkenhorst, Peter, 2006. "Trade policy and regionalism in the Central African Republic," MPRA Paper 23863, University Library of Munich, Germany.
    3. Erik Jan von Uexkull & Dominique Njinkeu & Jean-Christophe Maur & Antoine Coste & Lulu Shui, 2014. "ECOWAS Economic Partnership Agreement with the EU and Nigerian Trade and Development," World Bank Publications - Reports 21065, The World Bank Group.
    4. Brenton, Paul & Saborowski, Christian & Staritz, Cornelia & von Uexkull, Erik, 2009. "Assessing the adjustment implications of trade policy changes using TRIST (tariff reform impact simulation tool)," Policy Research Working Paper Series 5045, The World Bank.
    5. Walkenhorst, Peter & Cattaneo, Olivier, 2006. "Trade, Diversification and Growth in Nigeria," MPRA Paper 23735, University Library of Munich, Germany.

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    Keywords

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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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