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Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union

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Listed:
  • Karingi, Stephen
  • Oulmane, Nassim
  • Lang, Rémi
  • Sadni Jallab, Mustapha
  • Perez, Romain

Abstract

The present study consists of eight sections. After the introduction, we present in the first section, the profile of the ACP-EU cooperation agreements from Lomé to Cotonou. We also show how a certain “grey areas” in the WTO rules on regional agreements can enable African countries to benefit more from the EPAs by taking advantage of greater flexibility. The next section presents some graphical data on Africa’s trade flows in general and on trade flows of ECOWAS in particular. The third section deals with the analytical framework in general equilibrium. It contains a presentation of the Global Trade Analysis Project (GTAP) model used for assessing the impact of different partnership agreement options. In the fourth section, we focus on the characteristics of African economies, which are drawn from the GTAP database and which play a key role in the operative interactions in this kind of liberalization. The fifth section deals with the analytical framework in partial equilibrium which is complementary to the general-equilibrium modelling. The assessments of the economic impacts of the EPAs for Africa, using the general-equilibrium model, are analysed in the sixth section, while those particularly concerning the ECOWAS countries, using the partial-equilibrium framework, are presented in the penultimate section. Finally, the last section comprises concluding remarks.

Suggested Citation

  • Karingi, Stephen & Oulmane, Nassim & Lang, Rémi & Sadni Jallab, Mustapha & Perez, Romain, 2005. "Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union," MPRA Paper 13292, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:13292
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    References listed on IDEAS

    as
    1. Brockmeier, Martina, 2001. "A Graphical Exposition Of The Gtap Model," Technical Papers 28706, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Philip D. Adams & Mark Horridge & Brian Parmenter & Xiao-Guang Zhang, 1998. "Long-run Effects on China of APEC Trade Liberalisation," Centre of Policy Studies/IMPACT Centre Working Papers g-130, Victoria University, Centre of Policy Studies/IMPACT Centre.
    3. Brockmeier, Martina, 2001. "A Graphical Exposition of the GTAP Model," GTAP Technical Papers 311, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    4. Patrick J. Kehoe & Timothy J. Kehoe, 1994. "A primer on static applied general equilibrium models," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 18(Spr), pages 2-16.
    5. Chris Milner & Oliver Morrissey & Andrew McKay, 2005. "Some Simple Analytics of the Trade and Welfare Effects of Economic Partnership Agreements," Journal of African Economies, Centre for the Study of African Economies, vol. 14(3), pages 327-358, September.
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    Cited by:

    1. Douillet, Mathilde, 2012. "Trade policies and agricultural exports of Sub-Saharan African countries: Some stylized facts and perspectives," MPRA Paper 40962, University Library of Munich, Germany.
    2. Afifi, Tamer, 2006. "Some Space for Success: Egypt as Part of an Eastern and Southern African Regional Trade Agreement," Conference papers 331449, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Lucy Corkin, 2011. "Redefining Foreign Policy Impulses toward Africa: The Roles of the MFA, the MOFCOM and China Exim Bank," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 40(4), pages 61-90.
    4. Bert Jacobs, 2011. "A Dragon and a Dove? A Comparative Overview of Chinese and European Trade Relations with Sub-Saharan Africa," Journal of Current Chinese Affairs - China aktuell, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 40(4), pages 17-60.

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    More about this item

    Keywords

    EPA-European Union-Africa-Trade Policy;

    JEL classification:

    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • F10 - International Economics - - Trade - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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