Economic Partnership Agreements: Assessing Potential Implications from Some Alternative Scenarios

This paper has evaluated the possible effects of the Economic Partnership Agreement using a global general equilibrium modelling framework, namely the GTAP model. The latest version of the GTAP database (version 6.22) has been employed as a benchmark database. The study has explored the implications of different EPA scenarios (in terms of changes in GDP, exports, and other measures for welfare) for ACP countries (both developing and LDCs), based on the sample of countries in the database.