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Are the Economic Partnership Agreements a first-best optimum for the African Caribbean Pacific countries?

Perez, Romain

Are the Economic Partnership Agreements a first-best optimum for the African Caribbean Pacific countries? - 2006

Estimates the effects of the EPAs on the ACP economies, and compares them with the potential impact induced by the alternatives to the EPAs. Shows that switching from the Cotonou preferences to the Generalized System of Preferences (GSP) and the 'Everything But Arms' initiative would be less costly for most ACP countries adopting the EPAs. Investigates the 'GSP+' option and demonstrates that a marginally extended GSP would be the optimum choice for ACP countries.










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