Assessing the Impact of Acp/Eu Economic Partnership Agreement on West African Countries

29 Pages Posted: 7 Oct 2004

See all articles by Matthias Busse

Matthias Busse

Ruhr-University Bochum

Harald Großmann

Hamburg Institute of International Economics (HWWI) - World Economy

Date Written: August 2004

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.

Keywords: Economic Partnership Agreements, EU, ECOWAS, Africa

JEL Classification: F15, O24, O55

Suggested Citation

Busse, Matthias and Großmann, Harald, Assessing the Impact of Acp/Eu Economic Partnership Agreement on West African Countries (August 2004). Available at SSRN: https://ssrn.com/abstract=601083 or http://dx.doi.org/10.2139/ssrn.601083

Matthias Busse (Contact Author)

Ruhr-University Bochum ( email )

Faculty of Management and Economics, GC 3/145
D-44780 Bochum, DE 44780
Germany

Harald Großmann

Hamburg Institute of International Economics (HWWI) - World Economy ( email )

Neuer Jungfernstieg 21
20347 Hamburg
Germany

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