Rénover le Stabex

Patrick Guillaumont (patrick.guillaumont@ferdi.fr), Sylviane Guillaumont Jeanneney (sylviane.guillaumont@udamail.fr), Paul Collier (paul.collier@economics.ox.ac.uk) and Jan Willem Gunning
Additional contact information
Paul Collier: Centre d'Etudes et de Recherches sur le Développement International(CERDI)

No 199723, Working Papers from CERDI

Abstract: This paper considers the rationale and possible modalities of a reform of "Stabex", the scheme set up by the Lomé Conventions to stabilize (agricultural) export proceeds. Such a reform could take place when the Convention between the ACP countries and the European Union is renewed. The problem is to reconcile the system's two initial principles: automatic functioning (swift Stabex transfers) and the agricultural aims -two principles which have not been satisfied properly in recent years owing to increasing payment time-lags, the fungible nature of the allocations and a Dutch disease syndrome. The proposed solutions are to plan in advance for an agreement between the ACP State and the European Commission on rules for swift use of Stabex funds, based on (price or crop) insurance or (price) stabilization schemes managed outside the government budget

Pages: 16
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Published in Politique Etrangère, 1998, pages 155-170
Published in Politique Etrangère

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdi:wpaper:67

Access Statistics for this paper

More papers in Working Papers from CERDI Contact information at EDIRC.
Bibliographic data for series maintained by Vincent Mazenod (webmestre.cerdi@u-clermont1.fr).