Bilateral Graduation: The Impact of EPAs on LDC Trade Space |
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| Authors: | Alisa Dicaprio Silke Trommer |
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| Institution: | 1. United Nations University, World Institute for Development Economics , Finland alisa@wider.unu.edu;3. Centre of Excellence in Global Governance Research, University of Helsinki , Finland |
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| Abstract: | Abstract As trade is prominently mainstreamed into development policies, the ongoing Economic Partnership Agreement (EPA) negotiations between the EU and the African, Carribbean and Pacific (ACP) countries are a turning point in Least Developed Countries (LDC) engagement with the international trading system. The process covers most UN-designated LDCs and is the first time they feature in the first row of international trade talks. We explore how the space LDCs occupy in the trade regime will be affected by EPAs. The analysis suggests that they move LDCs towards effective graduation from special and differential treatment, while innovating on policy tools to address underdevelopment. |
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