The European Union–West Africa Economic Partnership Agreement

Released on by Bouët, Antoine
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  • The European Union–West Africa Economic Partnership Agreement Book Detail

  • Author : Bouët, Antoine
  • Release Date : 2017-02-28
  • Publisher : Intl Food Policy Res Inst
  • Genre : Political Science
  • Pages : 80
  • ISBN 13 :
  • File Size : 16,16 MB
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The European Union–West Africa Economic Partnership Agreement by Bouët, Antoine PDF Summary

Book Description: Despite recent modifications, the Economic Partnership Agreement (EPA) between the European Union (EU) and West African (WA) countries is still being criticized for its potential detrimental effects on WA countries. This paper provides updated evidence on the impact of the EPA on these countries. A dynamic multicountry, multisector computable general equilibrium trade model with modeling of the dual-dual economy and with a consistent tariff aggregator is used to simulate a series of new scenarios that include updated information on the agreement. We also go beyond estimating macrolevel economic effects to analyze the impacts on poverty. The policy simulation results show that the implementation of the EPA between the EU and WA countries would have marginal but positive impacts on Burkina Faso and Côte d’Ivoire and negative impacts on Benin, Ghana, Nigeria, Senegal, and Togo. The impact on poverty indicators in Ghana and Nigeria would be marginal. From the perspective of WA countries, this study supports the view that recent EU concessions are not sufficient and that domestic fiscal reforms are needed in WA countries themselves.

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Did you say free trade ?

Did you say free trade ?

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The headlong rush of the European Union (EU) in Free Trade Agreements reaches the paroxysm of absurdity when it imposes them on West Africa, whose per capita GD