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...

This paper appraises the likely effects of the Economic Partnership Agreement (EPA) between the East African Community (EAC) and the European Union (EU). Customs data are used to estimate the revenue and welfare effects of an EPA with and without an exception list. Revenue and welfare effects...

The Economic Partnership Agreements (EPAs) between the EU and African, Caribbean and Pacific (ACP) countries mark a new era in the economic relations between both sides. Reciprocal tariff liberalization will however result in asymmetric market opening by ACP partners, which will entail negative,...