scholarly journals The Trade Effects of the Economic Partnership Agreements between the European Union and the African, Caribbean and Pacific Group of States: Early Empirical Insights from Panel Data*

2021 ◽  
Author(s):  
Frederik Stender ◽  
Axel Berger ◽  
Clara Brandi ◽  
Jakob Schwab
Keyword(s):  
European Union ◽  
Panel Data ◽  
The European Union ◽  
Trade Effects ◽  
African Caribbean ◽  
Economic Partnership

scholarly journals Reflecting on Namibia’s Position in the European Union (EU)-Southern Africa Development Community (SADC) Economic Partnership Agreements (EPAs) Negotiations and the Lessons for Africa

2012 ◽  
Vol 2 (4) ◽  
pp. 81
Author(s):  
Charity Manyeruke ◽  
Lawrence Mhandara
Keyword(s):  
European Union ◽  
Global Economy ◽  
Political Activity ◽  
Import Duty ◽  
The European Union ◽  
African Countries ◽  
African Caribbean ◽  
Economic Partnership ◽  
Southern Africa Development Community ◽  
The Eu

Negotiations for Economic Partnership Agreements (EPAs) between European Union (EU) and the African Caribbean and Pacific countries (ACP) have been on the spotlight since 2002. The negotiations seek to replace the Lome Conventions which provided for a one way non-reciprocal trading regime between the EU and the ACP countries. The paper examines the position of Namibia in relation to EPAs and the lessons that Africa can derive from Namibia’s stance. Namibia which is negotiating under the Southern African Development Community (SADC) has declined to sign the Interim Partnership Agreements, besides initialing them in 2007, arguing that EPAs are not consistent with the objective of advancing African economies into competitive outfits in the global economy. Some of the sticking issues that need to be addressed concern EU’s demand for trade liberalization and a near elimination of import duty on all EU products to ACP zone. The paper argues that the major lessons for Africa are that EPA negotiations are much a political activity in as much as they involve the advancement of collective national interest by the EU. The paper therefore implores African countries to safeguard both political and economic interest in the process in the same manner as their EU counterparts are doing. Again, the paper exhorts Africa to negotiate from a position of strength and refuse to give in to unfair trade terms given the evident competition that is looming between the West and the East to partner Africa in development matters.

scholarly journals The Importance of Maritime Transport for Economic Growth in the European Union: A Panel Data Analysis

2021 ◽  
Vol 13 (14) ◽  
pp. 7961
Author(s):  
Alexandra Fratila (Adam) ◽  
Ioana Andrada Gavril (Moldovan) ◽  
Sorin Cristian Nita ◽  
Andrei Hrebenciuc
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Panel Data ◽  
Panel Data Analysis ◽  
Maritime Transport ◽  
The European Union ◽  
Panel Data Regression ◽  
Green Investment ◽  
Port Infrastructure ◽  
The Impact

Maritime transport is one of the main activities of the blue economy, which plays an important role in the EU. In this paper, we aim to assess the impact of maritime transport, related investment, and air pollution on economic growth within 20 countries of the European Union, using eight panel data regression models from 2007 to 2018. Our results confirm that maritime transport, air pollutants (NOx and SO2) from maritime transport, and investment in maritime port infrastructure are indeed positively correlated with economic growth. In other words, an increase of 10% in these factors has generated an associated increase in economic growth rate of around 1.6%, 0.4%, 0.8%, and 0.7% respectively. Alongside the intensity of economic maritime activities, pollution is positively correlated with economic growth, and thus it is recommended that policymakers and other involved stakeholders act to diminish environmental impacts in this sector using green investment in port infrastructure and ecological ships, in accordance with the current European trends and concerns.

scholarly journals Are International Indices Good Predictors of Economic Growth? Panel Data and Cluster Analysis for European Union Countries

2021 ◽  
Vol 13 (11) ◽  
pp. 6003
Author(s):  
Manuel Carlos Nogueira ◽  
Mara Madaleno
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Panel Data ◽  
Human Development ◽  
Empirical Studies ◽  
The European Union ◽  
Global Competitiveness ◽  
Environmental Performance Index ◽  
European Union Countries ◽  
And Cluster Analysis

Every year, news about the publication of rankings and scores of important international indexes are highlighted, with some of the most prestigious being the Global Competitiveness Index (GCI), the Human Development Index (HDI), the Ease of Doing Business (EDB), the Environmental Performance Index (EPI) and the Global Entrepreneurship (GEI). A country’s progression in these indices is associated with economic growth, especially since several empirical studies have found evidence to reinforce these beliefs, the indices having been built based on the scientific literature on economic growth. Building a database on these indices for European Union countries between 2007 and 2017 and using panel data methodologies and then 2SLS (Two-Stage Least Squares) to solve the problem of endogeneity, we verify empirically through panel data estimates, what is the relationship between the mentioned indices and the European Union countries’ economic growth for the period. However, as the European Union is made up of diverse countries with different economic and social realities, we divided the countries into six clusters and made an individual interpretation for each one. We found that human development and competitiveness play an important role in economic growth, and entrepreneurship also impacts this growth. Regarding income distribution, applying the Gini index, we found that only human development mitigates inequalities.

Whither Lomé? The Mid-Term Review and the Decline of Partnership

1996 ◽  
Vol 34 (3) ◽  
pp. 503-518 ◽  
Author(s):  
Gordon Crawford
Keyword(s):  
European Union ◽  
The European Union ◽  
Mutual Respect ◽  
European Development Fund ◽  
Development Fund ◽  
African Caribbean ◽  
European Development ◽  
Centre Piece ◽  
Council Of Ministers ◽  
Ongoing Dialogue

The signing in Mauritius on 4 November 1995 of the amended fourth Lomé Convention, the aid and trade co-operation agreement between the European Union (EU) and the ACP Group of 70 African, Caribbean, and Pacific countries, brought the Mid-Term Review to its formal completion after protracted negotiations. Established in 1975, Lomé has long been the centre-piece of EU development assistance. In quantitative terms, the European Development Fund, the financial instrument of Lomé, has comprised the largest single portion of EU aid, averaging almost 45 per cent of all disbursements in recent years.1 Qualitatively, Lomé has been regarded as a model of North—South cooperation, mainly due to three special features: it was founded on the principles of equality, mutual respect, and interdependence; it is a legally binding contract negotiated between two sets of countries; and it involves ongoing dialogue through three joint institutions, the ACP—EU Council of Ministers, the Committee of Ambassadors, and the ‘parliamentary’ Joint Assembly.

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