CARIFORUM-EU REGIONAL ECONOMIC PARTNERSHIP AGREEMENT:THE DILEMMA OF ASYMMETRIC TRADE & WELFARE IN THE CARIFORUM REGION

October 21, 2017 | Author: T'Vaughn Lewis | Category: Economics, International Trade, European Union
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This paper seeks to address how the Regional Economic Partnership Agreement (REPA) between the CARIFORUM states and the European Union (EU) has had both positive and negative impacts on the developing nation states of CARIFORUM, especially with regard to trade and welfare. It looks at key areas that have impacted on the region’s revenue and welfare from the years 2000, 2008 and 2010. These years represent the time period pre REPA, REPA and post REPA. Critical analysis of this arrangement is done to assess the efficacy and benefit of it to the region.                                                                      Keywords:CARIFORUM, European Union, Regional Economic Partnership Agreement, Asymmetric Trade and Welfare
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