Arbeitspapier

The institutional challenge of the ACP/EU Economic Partnership Agreements

The Economic Partnership Agreements (EPAs) between the group of African, Caribbean and Pacific (ACP) countries and the European Union could serve as an opportunity to accelerate global and regional trade integration of ACP countries. Moreover, the European Commission intends to use EPAs as a tool for development and the eradication of poverty in ACP countries. To achieve their potential development, however, there are a number of preconditions in ACP countries to be fulfilled. This paper argues that institutional quality plays a key role in a successful trade liberalisation. In fact, only countries with high-quality institutions, partly in the form of good government regulations, are likely to benefit from trade. nfortunately, the vast majority of African ACP countries have excessive regulations that hinder them from taking advantage of trade. For the necessary institutional reforms to resolve this problem, we will discuss a number of important issues that have to be addressed to enable ACP countries to take full advantage of EPAs.

Sprache
Englisch

Erschienen in
Series: HWWI Research Paper ; No. 2-3

Klassifikation
Wirtschaft
Economic Integration
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
Thema
Economic Partnership Agreements
Trade, Institutional Quality

Ereignis
Geistige Schöpfung
(wer)
Borrmann, Axel
Busse, Matthias
Ereignis
Veröffentlichung
(wer)
Hamburgisches WeltWirtschaftsInstitut (HWWI)
(wo)
Hamburg
(wann)
2006

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Borrmann, Axel
  • Busse, Matthias
  • Hamburgisches WeltWirtschaftsInstitut (HWWI)

Entstanden

  • 2006

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