The European Union–West Africa Economic Partnership Agreement: Small impact and new questions
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...
| Autores principales: | , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2017
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/148421 |
| _version_ | 1855523412072464384 |
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| author | Bouët, Antoine Laborde Debucquet, David Traoré, Fousseini |
| author_browse | Bouët, Antoine Laborde Debucquet, David Traoré, Fousseini |
| author_facet | Bouët, Antoine Laborde Debucquet, David Traoré, Fousseini |
| author_sort | Bouët, Antoine |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| 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. |
| format | Artículo preliminar |
| id | CGSpace148421 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1484212025-11-06T06:02:29Z The European Union–West Africa Economic Partnership Agreement: Small impact and new questions Bouët, Antoine Laborde Debucquet, David Traoré, Fousseini models mathematical models indicators reforms fiscal policies economics computable general equilibrium models trade trade agreements poverty impact assessment 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. 2017 2024-06-21T09:24:38Z 2024-06-21T09:24:38Z Working Paper https://hdl.handle.net/10568/148421 en https://doi.org/10.2499/0896295109fprev8 https://hdl.handle.net/10568/154983 https://hdl.handle.net/10568/154617 Open Access application/pdf International Food Policy Research Institute Bouët, Antoine; Laborde Debucquet, David; and Traoré, Fousseini. 2017. The European Union–West Africa Economic Partnership Agreement: Small impact and new questions. IFPRI Discussion Paper 1612. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/148421 |
| spellingShingle | models mathematical models indicators reforms fiscal policies economics computable general equilibrium models trade trade agreements poverty impact assessment Bouët, Antoine Laborde Debucquet, David Traoré, Fousseini The European Union–West Africa Economic Partnership Agreement: Small impact and new questions |
| title | The European Union–West Africa Economic Partnership Agreement: Small impact and new questions |
| title_full | The European Union–West Africa Economic Partnership Agreement: Small impact and new questions |
| title_fullStr | The European Union–West Africa Economic Partnership Agreement: Small impact and new questions |
| title_full_unstemmed | The European Union–West Africa Economic Partnership Agreement: Small impact and new questions |
| title_short | The European Union–West Africa Economic Partnership Agreement: Small impact and new questions |
| title_sort | european union west africa economic partnership agreement small impact and new questions |
| topic | models mathematical models indicators reforms fiscal policies economics computable general equilibrium models trade trade agreements poverty impact assessment |
| url | https://hdl.handle.net/10568/148421 |
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