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The EU's Everything But Arms Initiative and the Least-developed Countries

Author

Listed:
  • Lucian Cernat
  • Sam Laird
  • Luca Monge-Roffarello
  • Alessandro Turrini

Abstract

Using a computable general equilibrium simulation model and partial equilibrium simulations, based on the SMART model, the paper attempts to assess the aggregate worldwide distribution of gains and losses of the EU's Everything But Arms (EBA) initiative for both LDCs and third developing countries under different scenarios. The study shows moderate welfare and trade gains from the EBA initiative. The largest gains are recorded for sub-Saharan Africa and the EU sugar market is the single most important source of change.

Suggested Citation

  • Lucian Cernat & Sam Laird & Luca Monge-Roffarello & Alessandro Turrini, 2003. "The EU's Everything But Arms Initiative and the Least-developed Countries," WIDER Working Paper Series DP2003-47, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2003-47
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    File URL: https://www.wider.unu.edu/sites/default/files/dp2003-047.pdf
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    References listed on IDEAS

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    1. Bijit Bora & Lucian Cernat & Alessandro Turrini, 2002. "DUTY AND QUOTA-FREE ACCESS FOR LDCs:FURTHER EVIDENCE FROM CGE MODELLING," UNCTAD Blue Series Papers 14, United Nations Conference on Trade and Development.
    2. Elena Ianchovichina & Aaditya Mattoo & Marcelo Olarreaga, 2001. "Unrestricted Market Access for Sub‐Saharan Africa: How Much Is It Worth and Who Pays?," Journal of African Economies, Centre for the Study of African Economies, vol. 10(4), pages 410-432.
    3. Trueblood, Michael A. & Somwaru, Agapi, 2002. "Modeling The Eu'S Everything But Arms Initiative For The Least Developed Countries," 2002 Annual meeting, July 28-31, Long Beach, CA 19642, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
    5. Sam Laird & Alexander Yeats, 1990. "Quantitative Methods for Trade-Barrier Analysis," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-11141-1, September.
    6. Sheila Page & Adrian Hewitt, 2002. "The New European Trade Preferences: Does ‘Everything But Arms’ (EBA) Help the Poor?," Development Policy Review, Overseas Development Institute, vol. 20(1), pages 91-102, March.
    7. Weyerbrock, Silvia, 1998. "Reform of the European Union's Common Agricultural Policy: How to reach GATT-compatibility?," European Economic Review, Elsevier, vol. 42(2), pages 375-411, February.
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    Citations

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    Cited by:

    1. Katerina Gradeva & Inmaculada Martínez-Zarzoso, 2016. "Are Trade Preferences more Effective than Aid in Supporting Exports? Evidence from the ‘Everything But Arms’ Preference Scheme," The World Economy, Wiley Blackwell, vol. 39(8), pages 1146-1171, August.
    2. Cranfield, John & Preckel, Paul & Hertel, Thomas, 2006. "Poverty Analysis Using an International Cross-Country Demand System," GTAP Working Papers 2211, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    3. Gerrit Faber & Jan Orbie, 2009. "Everything But Arms: Much More than Appears at First Sight," Journal of Common Market Studies, Wiley Blackwell, vol. 47(4), pages 767-787, September.
    4. Huan-Niemi, Ellen & Niemi, Jyrki S., 2003. "The Impact of Preferential, Regional and Multilateral Trade Agreements: A Case Study of the EU Sugar Regime," ENARPRI Working Papers 25134, European Network of Agricultural and Rural Policy Research Institutes (ENARPRI).
    5. Ellen Huan-Niemi & Jyrki Niemi, 2003. "The impact of preferential, regional and multilateral trade agreements: a case study of the EU sugar regime," ENARPRI Working Papers 001, ENARPRI (European Network of Agricultural and Rural Policy Research Institutes).
    6. Fischer, Carolyn & Fox, Alan K., 2007. "When Revenue Recycling Isn’t Enough: Permit Allocation Strategies to Minimize Intra- and International Emissions Leakage," Conference papers 331574, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    7. Kym Anderson, 2003. "Trade Liberalization, Agriculture, and Poverty in Low-income Countries," WIDER Working Paper Series DP2003-25, World Institute for Development Economic Research (UNU-WIDER).
    8. Katerina Gradeva & Inmaculada Martínez-Zarzoso, 2009. "Trade as Aid: The Role of the EBA-Trade Preferences Regime in the Development Strategy," Ibero America Institute for Econ. Research (IAI) Discussion Papers 197, Ibero-America Institute for Economic Research.
    9. Lakshmi Puri, 2007. "IBSA: An Emerging Trinity in the New Geography of International Trade," UNCTAD Blue Series Papers 35, United Nations Conference on Trade and Development.
    10. DeMaria, Federica & Drogue, Sophie & Matthews, Alan, 2008. "Agro-Food Preferences in the EU's GSP Scheme: An Analysis of Changes between 2004 and 2006," Working Papers 6151, TRADEAG - Agricultural Trade Agreements.

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