Assessment of the Impact of the Economic Partnership Agreement between the COMESA countries and the European Union
This report evaluates the economic impact of the Economic Partnership Agreement (EPA) between COMESA countries and the European Union.
(Generated with the help of GPT-4)
| Quick Facts | |
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| Report location: | source |
| Language: | English |
| Publisher: |
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| Authors: | Ben Idrissa Ouedraogo, Hakim Ben Hamouda, Mustapha Sadni-jallab, Nassim Oulmane, Remi Lang, Romain Pérez, Stephen Karingi, Stephen Karingi, Nassim Oulmane, Mustapha Sadni-jallab, Remi Lang, Romain Pérez |
| Geographic focus: | Global |
Methods
The research method involved using two complementary models: a general equilibrium approach for a theoretical assessment of the EPAs and a partial equilibrium model to estimate the direct effects of tariff elimination on each COMESA country due to data limitations.
(Generated with the help of GPT-4)
Key Insights
The study assesses the Economic Partnership Agreement's effects on COMESA countries' trade, revenue, and welfare using general and partial equilibrium models. It explores scenarios of full reciprocity, regional integration without reciprocity, and the establishment of a Free Trade Zone with the EU. The report finds that while EPAs could boost trade and consumer welfare, they may also lead to significant revenue losses, trade diversion, and potential de-industrialization in COMESA countries.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: English publication language | Global geographic scope | comesa | consumer welfare | de-industrialization | economic impact | economic integration | european union | partnership agreement | regional integration | revenue loss | scenarios | tariff elimination | trade diversion | trade policy | trade relations