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Assessment of the Impact of the Economic Partnership Agreement between the COMESA countries and the European Union

The purpose of this study, is to evaluate possible economic repercussions of the trade facet, in Economic Partnership Agreements (EPAs), currently being negotiated between countries of the Common Market in Eastern and Southern Africa (COMESA) and
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   Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union Stephen Karingi, Nassim Oulmane, Mustapha Sadni-Jallab Rémi Lang, et Romain Perez ATPC Work in Progress No. 29 December 2005  African Trade Policy Centre ATPC Economic Commission for Africa   APC is a project of the Economic Commission for Africa with financial support of the Canada Fund for Africa Tis publication was produced with the support of the United Nations Development Programme (UNDP).Material from this publication may be freely quoted or reprinted. Acknowledgement is requested, together with a copy of the publication Te views expressed are those of its authors and do not necessarily reflect those of the United Nations.   Assessment of the impact of the Economic Partnership Agreement between the ECOWAS countries and the European Union Stephen Karingi, Nassim Oulmane, Mustapha Sadni-Jallab Rémi Lang, et Romain Perez  ATPC Work in Progress Economic Commission for Africa  v Table of Contents Introduction .........................................................................................................................................1I. From Lomé to Cotonou ....................................................................................................................4II. Africa and ECOWAS in international trade: facts and figures ........................................................19III. General equilibrium analytical framework-the GAP model ........................................................24IV. Te characteristics of the African economies in the GAP database ..............................................26V. Te partial equilibrium modelling framework – the WIS/SMAR model ...................................32VI. Economic and welfare impact of EPAs on African Economies ......................................................33VII. Evaluation of the impact of the EU-ECOWAS Economic Partnership  Agreement using a partial equilibrium model ....................................................................................45Conclusion .........................................................................................................................................62 Annex.................................................................................................................................................65
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