The deceptive promise of free trade to the developing countries: an assessment of the implications of Economic Partnership Agreement (EPA) to trade in the East African Community (EAC)
- 주제(키워드) INTERNATIONAL DEVELOPMENT AND COOPERATION
- 발행기관 아주대학교
- 지도교수 PROF. IAIN WATSON
- 발행년도 2019
- 학위수여년월 2019. 8
- 학위명 석사
- 학과 국제대학원 국제개발협력학과
- 실제URI http://www.dcollection.net/handler/ajou/000000028968
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
In line with the global free trade agenda, the EU and EAC have been negotiating the Economic Partnership Agreement (EPA) which if ratified by all the EAC member countries will enable more EU exports to further gain market of the EAC (about 90% of EU exports). The research analyzed the would-be ramifications of the EPA on the EAC trade and trading capacity of the EAC. EU and EAC are already involved in trade and cooperation. Therefore, assessing the likely implications of the EPA based the on the prevailing circumstances was possible by tracking a possible trajectory of the EPA. The research’s most notable finding is that; EPA will increase EU exports in the EAC and this will reduce intra-EAC trade, create more dependence on EU exports since the EU is among the top players in the global trade with a share of 34% of world trade in 2018, as well as among top exporters to the EAC. Therefore, EPA is a threat to EAC intra-trade and indigenous technological development since most EU products are high tech products and given the fact that all the EAC member countries have trade deficits in global trade and huge debt burden, the EPA will make these countries more indebted since increasing EU imports will expand the trade deficit that is already in existence. To this, the research recommends; EAC member countries need to strengthen intra-EAC trade, build their exporting capacity so as to be able to benefit from the opportunities of global free trade rather than signing agreements to increase the importation of products from developed countries that are major world players in global trade. Major Words: Economic Partnership Agreement (EPA), global free trade and dependency
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ABSTRACT i
ACKNOWLEDGEMENT ii
Table of Contents iii
LIST OF TABLES iv
LIST OF FIGURES v
ABBREVIATIONS AND ACRONYMS vi
CHAPTER ONE 1
1.0 INTRODUCTION 1
1.1 UNDERSTANDING TRADE IN INTERNATIONAL DEVELOPMENT AND COOPERATION 1
1.2 EAST AFRICAN COMMUNITY (EAC) 2
1.3 ECONOMIC PARTNERSHIP AGREEMENTS (EPAs) 4
1.4 RESEARCH EXPLANATION 4
1.5 PROBLEM STATEMENT 5
1.6 RESEARCH QUESTIONS 5
1.7 HYPOTHESIS 6
1.9 RESEARCH METHODOLOGY 6
1.10 RESEARCH LIMITATIONS 6
1.11 RESEARCH RELEVANCE 7
CHAPTER TWO 8
2.0 Introduction 8
2.1 GLOBAL FREE TRADE 8
2. 2 UNDERSTANDING FREE TRADE/INTERNATIONAL TRADE IN HISTORICAL PERSPECTIVE 8
2.3 DEPENDENCY AND NEO-DEPENDENCY 10
2.4 GLOBAL FREE TRADE /NEO-LIBERAL TRADE AGENDA AND WORLD TRADE TODAY 11
2.5 THE GLOBALISATION PROJECT 12
2.6 GLOBAL REGIONALISM AND GLOBAL REGIONALIZATION 13
2.7 THE REGIONALIZATION OF TRADE 15
CHAPTER THREE 18
EAC, EPA AND TRADE 18
3.0 INTRODUCTION 18
3.1 AN OVER VIEW OF INTRA-AFRICAN TRADE 18
3.2 Overview of EAC Trade: 19
3.3 EPA AND THE EAC (EU AND EAC) 20
3.4 CHINA’S INFLUENCE IN EAC AND AFRICA AT LARGE 23
3.5 Trade structure and regional integration 27
3.6 East African bloc striving to improve trade within EAC 28
CHAPTER FOUR 30
SIGNIFICANCE OF EPA ON REGIONAL TRADE 30
4.0 Introduction 30
4.1 EU AND EAC TRADE CAPACITY 30
4.2 SIGNIFICANCE OF EPA ON INTRA- EAC TRADE 32
4.3 SIGNIFICANCE OF EPA ON EAC MARKET 36
4.4 SIGNIFICANCE OF EPA ON EAC EXPORT CAPACITY 37
4.5 SIGNIFICANCE OF EPA ON EAC REGIONAL INTEGRATION PROCESS 38
CHAPTER FIVE 39
5.0 Introduction 39
5.1 CONCLUSIONS 39
5.2 RECOMMENDATIONS 40
5.3 FURTHER RESEARCH 41
REFERENCES 42
APPENDIX 45
KOREAN ABSTRACT 45
