Author Affiliation, Ana.
Department of Economics
European Union-ACP Trade: An Assessment of the ACP Challenge
Global Development Studies
Date of Publication
Examines the potential Costs and benefits of reciprocal free trade with the European Union for the African, Caribbean, and Pacific countries. It argues that EU-ACP free trade presents some daunting challenges for the ACP coutries. The poor performance of the ACP countries under the non-reciprocal Lome preferences suggests that they are ill prepared for a reciprocal free trade with the EU. Concludes that the extent to which the potential benefits of reciprocal free trade will accrue to the ACP countries is dependent upon the degree to which economic restructuring and institutional reforms and development are successfully implemented during the transition period.....