GLOBAL

                                                                                                                                                                                                                                             DEVELOPMENT STUDIES

                                                                            Copyright © 2003 International Development Options

                                                                                               All Rights Reserved

__________________________________________________________________________________________________________________

 

Volume Three                                                                        Winter 2002-Spring 2003                                               Numbers 1-2.

__________________________________________________________________________________________________________________

 

  Theme: THE TENTH ANNIVERSARY OF THE WEST INDIAN COMISSION REPORT: ASSESSING THE

  PROGRESS OF CARICOM NATIONS IN IMPLEMENTING THE COMMISSION'S RECOMMENDATIONS

   EU-ACP TRADE: AN ASSESSMENT OF THE ACP CHALLENGE

 

   Marie Freckleton

   Department of Economics

   The University of the West Indies

   Mona Campus, Kingston 7

   Jamaica, The West Indies

 

   Published online: February 10, 2017

 

 

   ABSTRACT

 

This article 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 countries. The poor performance of the ACP countries under the non-reciprocal Lomé preferences suggests that they are ill prepared for a reciprocal free trade with the EU. The article 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.

 

IDO        ISSN: 1093-8281                 Copyright © 2017 International Development Options

                                                                                                All Rights Reserved