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Assessing the Impact of ACP/EU Economic Partnership Agreement on West African Countries

Matthias Busse and Harald Großmann

No 294, HWWA Discussion Papers from Hamburg Institute of International Economics (HWWA)

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 (search for similar items in EconPapers)
JEL-codes: F15 O24 O55 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:hwwadp:26198

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