Özet:

This study tries to quantify the economic effects of Economic Partnership Agreements (EPAs) which have been negotiating between sub-Saharan Africa (SSA) and European Union (EU). The study addresses the following questions: How are African countries likely to gain or lose from a bilateral trade liberalisation between Africa and the EU?, what are the welfare implications for the African countries from the EPAs?, how will the formation of EPAs affect trade expansion through trade creation and trade diversion effects?, what are the potential fiscal implications of the EPAs. Even though the full reciprocity principle appears to be trade expanding (singularly infavour of EU), this study indicates that it will pose serious implications for deepening of regional integration in Africa because of trade diversion effect between African countries. Another key finding is welfare effect through the way of trade expantion between EU and SSA.

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