Economic partnership agreements between the European Union and African, Caribbean, and Pacific Countries: What is at stake for Senegal
"In recent years the European Union has sought to transform its trading regime with the ACP countries by advocating reciprocal free trade agreements with them through Economic Partnership Agreements (EPAs). As a result, the EPA talks were launched in 2002 and were expected be completed by the end of 2007. Nevertheless, many African countries, including Senegal did not reach agreements with the European Union in 2007 amid rising concerns that such agreements do not represent the interests of developing countries. This policy shift from preferential trade to free trade would imply drastic changes for Senegal's economy, which currently enjoys relatively good access to European market (but also to the U.S. through the African Growth Opportunity Act) while applying a high domestic protection on all sources of imports. As a result, this type of reform would result in improved access to foreign markets only for the EU. Furthermore, the EPA implies a loss of tariff revenues from liberalization, which has been a key concern for ACP countries from the beginning of talks because they constitute a high level of public receipts there. Finally this kind of reform could lead to trade diversion in Senegal while creating not enough trade. Using the MIRAGE computable general equilibrium model the study examines the potential impact of Economic Partnership Agreements on ACP countries with a special focus on Senegal." from Author's Abstract
|Date of creation:||2008|
|Contact details of provider:|| Postal: 2033 K Street, NW, Washington, DC 20006|
Web page: http://www.ifpri.org/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rod Falvey & Geoff Reed, 1998.
"Economic effects of rules of origin,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 134(2), pages 209-229, June.
- repec:dau:papers:123456789/6497 is not listed on IDEAS
- Arvind Subramanian & Aaditya Mattoo & Devesh Roy, 2002.
"The Africa Growth and Opportunity Act and its Rules of Origin; Generosity Undermined?,"
IMF Working Papers
02/158, International Monetary Fund.
- Aaditya Mattoo & Devesh Roy & Arvind Subramanian, 2003. "The Africa Growth and Opportunity Act and its Rules of Origin: Generosity Undermined?," The World Economy, Wiley Blackwell, vol. 26(6), pages 829-851, 06.
- Mattoo, Aaditya & Roy, Devesh & Subramanian, Arvind, 2002. "The Africa Growth and Opportunity Act and its rules of origin : generosity undermined?," Policy Research Working Paper Series 2908, The World Bank.
- Sébastien Jean & David Laborde & Will Martin, 2005. "Consequences of Alternative Formulas for Agricultural Tariff Cuts," Working Papers 2005-15, CEPII research center.
- Bouet, Antoine & Laborde, David & Mevel, Simon, 2007. "Searching for an alternative to economic partnership agreements:," Research briefs 10, International Food Policy Research Institute (IFPRI).
- Candau, Fabien & Jean, Sebastien, 2005.
"What Are EU Trade Preferences Worth for Sub-Saharan Africa and Other Developing Countries?,"
18863, TRADEAG - Agricultural Trade Agreements.
- Fabien Candau & Sébastien Jean, 2005. "What Are EU Trade Preferences Worth for Sub-Saharan Africa and Other Developing Countries?," Working Papers 2005-19, CEPII research center.
- Antoine Bouët & Lionel Fontagné & Sébastien Jean, 2005. "Is Erosion of Tariff Preferences a Serious Concern?," Working Papers 2005-14, CEPII research center.
- Lionel Fontagné & David Laborde & Cristina Mitaritonna, 2008. "An Impact Study of the EU-ACP Economic Partnership Agreements (EPAs) in the Six ACP Regions," Working Papers 2008-04, CEPII research center.
- Kala Krishna & Anne Krueger, 1995. "Implementing Free Trade Areas: Rules of Origin and Hidden Protection," NBER Working Papers 4983, National Bureau of Economic Research, Inc.
- Sadni Jallab, Mustapha & Karingi, Stephen & Oulmane, Nassim & Perez, Romain & Lang, Rémi & Ben Hammouda, Hakim, 2005. "Economic and Welfare Impacts of the EU-Africa Economic Partnership Agreements," MPRA Paper 12875, University Library of Munich, Germany.
- Antoine Bouët & Yvan Decreux & Lionel Fontagné & Sébastien Jean & David Laborde, 2004. "A Consistent, Ad-Valorem Equivalent Measure of Applied Protection Across the World: The MAcMap-HS6 Database," Working Papers 2004-22, CEPII research center.
When requesting a correction, please mention this item's handle: RePEc:fpr:ifprid:765. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.