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Impact of EC-92 on trade in developing countries.

By:

HALLETT, A.J. Hughes

Material type: Text

TextPublication details: 1994Action note:

3/7/00 M2LMGR

Summary: Argues that the net direct effects of EC-92 may be rather small : the trade creation and trade diversion effects brought about by the programme may cancel each other out, with few repercussions for the developing countries as a group. The threat of EC-92 to developing countries lies in the diversion of investment from those countries to the EC and in the resurrection of protectionism by the EC, especially in the form of nontariff barriers, toward the outside world.

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Argues that the net direct effects of EC-92 may be rather small : the trade creation and trade diversion effects brought about by the programme may cancel each other out, with few repercussions for the developing countries as a group. The threat of EC-92 to developing countries lies in the diversion of investment from those countries to the EC and in the resurrection of protectionism by the EC, especially in the form of nontariff barriers, toward the outside world.

3/7/00 M2LMGR

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