The Cotonou Agreement, successor to the Lomeacute; Convention, offers African, Caribbean and Pacific (ACP) countries preferential access to EU markets by establishing economic partnership agreements (EPAs) between the EU and blocks of ACP countries that are members of regional trading...

The direct effects of EPAs on ACP countries arise from the requirement to eliminate tariffs on most imports from the EU. While consumers gain from cheaper imports, the government losses tariff revenue and producers face increased completion, implying adjustment costs. This paper estimates the...

1. Introduction : EPAs and prospective trade policy analysis / Oliver Morrissey -- 2. Overview and comparative analysis of EPAs / Mareike Meyn -- 3. The impact of EPAs on ACP imports and welfare / Oliver Morrissey and Evious Zgovu -- 4. Adjusting to an EPA : evidence for Mauritius / Chris...

Current arrangements under the Lomé Convention have given African, Caribbean and Pacific (ACP) countries preferential access to EU markets, but the legality of this non- reciprocal arrangement has been challenged by the World Trade Organisation. The European Union has proposed replacing these...