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Author: Bouët, Antoine
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 80
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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.
Author: Bouët, Antoine
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 80
Get Book Here
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.
Author: Oyeyemi Adegbite
Publisher: Springer Nature
ISBN: 3030843750
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
This book constitutes a critical review of Nigeria’s attempts to achieve rapid industrial development since independence from Britain in 1960. It details the issues, challenges, and hard choices confronted by Nigerian political leadership and highlights the reasons why the country ultimately failed to achieve industrial take-off in spite of its abundant human and material resources. Chapters take a retrospective look at government industrial development policies and programs, including the steel industry, agro-allied and forest-based industries, and the industrial estate development program. The book also discusses tariff and trade policies, incentives and disincentives to foreign direct investment (FDI) in the manufacturing sector, and small and medium enterprise (SME) development. The book concludes with a look at the recent drive towards regional integration as well as the potential impact of the Economic Partnership Agreement (EPA) between the European Union and sixteen countries of West Africa. Providing an exhaustive history of Nigeria’s economic and industrial development, this volume will be of interest to researchers and students of African economics, development studies, and industrial organization, as well as policy makers in both the public and private sectors.
Author: Rahmane Idrissa
Publisher:
ISBN: 9783962502676
Category :
Languages : en
Pages : 44
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Book Description
Author: Olufemi Babarinde
Publisher: BRILL
ISBN: 9047406788
Category : Law
Languages : en
Pages : 318
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Book Description
Authors from different backgrounds (including law, political science and economics) analyze the forces that gave rise to the new agreement as well as the negotiating process of the new agreement, and the negotiations that are taking place to produce the planned Economic Partnership Agreements (EPA) that are to replace the existing non-reciprocal trade preferences that are incompatible with WTO law.
Author: Chandan, Harish C.
Publisher: IGI Global
ISBN: 1522575626
Category : Business & Economics
Languages : en
Pages : 314
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Book Description
The current world economy is interconnected; however, due to recent economic crises, trade deficits, and nationalist movements, there is a political trend of economic nationalism that is taking root in countries around the world. As such, global economies around the world are decreasing their international trade and introducing import tariffs and economic protectionism. International Firms’ Economic Nationalism and Trade Policies in the Globalization Era provides a comprehensive understanding of the recent rise of economic nationalism in the context of the hyper-connected global economy by providing strategies and country-specific solutions for domestic and international firms. Covering how multinational corporations can overcome the protectionist sentiments while reinventing their corporate social responsibility models, it showcases how economic nationalism and globalization can successfully coexist. This publication is ideally designed for business leaders, economists, professionals, policymakers, researchers, and academicians.
Author: Berthelot jacques
Publisher: Editions L'Harmattan
ISBN: 214010045X
Category : Business & Economics
Languages : fr
Pages : 146
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Book Description
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 GDP is 21 times lower than its own. This Economic Partnership Agreement (EPA) would make West Africa lose 76% of its customs revenue on its imports from the EU and lead to a sharp rise in unemployment due to the loss of competitiveness of its companies including the informal sectors.The latter will be worsened by the premature signing, with support from the EU, of the Continental Free Trade Area by 13 of 16 West African States, all this based on a number of untruths from the European Commission, as identified in this book.
Author: Adekeye Adebajo
Publisher: Hurst Publishers
ISBN: 1849041717
Category : History
Languages : en
Pages : 546
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Book Description
This book offers a holistic and comprehensive assessment of the European Union's (EU) relations with Africa focusing on their historical, political, socio-economic, and cultural dimensions. In the high imperial period from the nineteenth century, some in Europe advocated the idea of EurafriqueA" - a formula for putting Africa's resources at the disposal of Europe's industries. After tracing Europe's historical attempts to remodel relations following African independence from the 1960s and Europe's own quest for unity, the book examines the current strategic dimensions of the relationship. Most especially, contributors examine the place of Africa in the EU's need for global partnerships. Key topics discussed include trade and investment, security and governance, migration and identity, and the historical legacy on the current relationship. The volume closely analyses the key European players in Africa - France, Britain, Portugal, and the Nordics - within the context of the EU. Finally, it examines Europe's controversial immigration policies and complex relations with the Maghreb and Mediterranean, as well as perceptions of past and current European identity. The study concludes that Africa and Europe still appear not to have escaped fully the burdens of history, and examines the feasibility of elaborating and practising, in future, an Afro-EuropaA": a new relationship defined by genuine equality, partnership, and mutual self-interest between both continents-and one that finally sheds the baggage of the EurafriqueA" past.
Author: Ndongo Sylla
Publisher: Ohio University Press
ISBN: 0821444891
Category : Business & Economics
Languages : en
Pages : 193
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Book Description
This critical account of the fair trade movement explores the vast gap between the rhetoric of fair trade and its practical results for poor countries, particularly those of Africa. In the Global North, fair trade often is described as a revolutionary tool for transforming the lives of millions across the globe. The growth in sales for fair trade products has been dramatic in recent years, but most of the benefit has accrued to the already wealthy merchandisers at the top of the value chain rather than to the poor producers at the bottom. Ndongo Sylla has worked for Fairtrade International and offers an insider’s view of how fair trade improves—or doesn’t—the lot of the world’s poorest. His methodological framework first describes the hypotheses on which the fair trade movement is grounded before going on to examine critically the claims made by its proponents. By distinguishing local impact from global impact, Sylla exposes the inequity built into the system and the resulting misallocation of the fair trade premium paid by consumers. The Fair Trade Scandal is an empirically based critique of both fair trade and traditional free trade; it is the more important for exploring the problems of both from the perspective of the peoples of the Global South, the ostensible beneficiaries of the fair trade system.
Author: Eswar Prasad
Publisher: Brookings Institution Press
ISBN: 0815738544
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "
Author:
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area
