Addressing Developing Countries’ Challenges in Free Trade Implementation
The present study places the potential effects of Economic Partnership Agreement (EPA) liberalisation on government revenue in signatory states within the broader context of regional integration and global liberalisation. Based on a review of the secondary literature it finds that the revenue effect may be severe in some, but by no means all, cases and that the forecasts now need to be updated by country-level studies using the details of liberalisation schedules actually agreed. The evidence also suggests that poor countries find it very hard to replace government revenue lost through liberalisation but that where there have been successes the measures taken include those needed to increase any gains from regional and global trade integration. Such reforms require sustained commitment (by donors and recipients) over many years. The stresses created by EPAs (and regional liberalisation) increase the need for such commitment; but they also offer an opportunity since they include an appropriate framework for providing appropriate assistance. Yet data on flows of aid for trade do not indicate that an adequate commitment has yet been made. Six recommendations are made on actions that the European Parliament might champion to reduce the risks of an ‘EPA revenue squeeze’ in ways that support recipients’ capacity to benefit from greater regional and global integration.
Estudio
Autor externo
Isabella MASSA and Christopher STEVENS (Overseas Development Institute)
Acerca de este documento
Tipo de publicación
Palabra clave
- acuerdo comercial (UE)
- aduana
- análisis económico
- ASUNTOS FINANCIEROS
- comercio internacional
- consecuencia económica
- construcción europea
- ECONOMÍA
- FED
- fiscalidad
- GEOGRAFÍA
- geografía económica
- gravamen sobre las importaciones
- hacienda pública
- hacienda pública y política presupuestaria
- integración económica
- INTERCAMBIOS ECONÓMICOS Y COMERCIALES
- liberación de los intercambios
- país en desarrollo
- países ACP
- poder ejecutivo y administración pública
- política arancelaria
- política de cooperación
- política económica
- reducción arancelaria
- reforma administrativa
- reforma fiscal
- RELACIONES INTERNACIONALES
- situación económica
- UNIÓN EUROPEA
- VIDA POLÍTICA