New publication: ‘The European Development Fund and Economic Partnership Agreements’

African, Caribbean and Pacific (ACP) countries face a huge transformation as they attempt to adapt to a more liberalised global market. The regions have agreed to negotiate Economic Partnership Agreements (EPAs) with the European Union to assist with this adaptation. The European Development Fund (EDF) is the main instrument of the EU for helping these countries.   

'The European Development Fund and Economic Partnership Agreements' argues that despite commitments about aid made at the 2005 G8 summit in Gleneagles, Scotland, by European Union countries, the EDF is under-resourced. Moreover, there are serious doubts as to the effectiveness of the fund in providing time-sensitive assistance to ACP states with adjustment.

Instead, contributors in the book propose a separate EPA adjustment facility. If EU countries meet their target aid figures, they could fund the traditional EDF programmes and an EPA adjustment programme. 

Articles in the publication include: 'European Aid, the European Development Fund and Adjusting to Economic Partnership Agreements' by Sacha Silva and Roman Grynberg; 'EU Assistance to ACP Countries since 1975' by Paul Goodison; and 'An Analysis of EU-ACP Aid Flows through the EDF from Lomé I to the Cotonou Agreement and Proposals for the 10th and 11th EDFs' by Alice Clarke.

This book is a central source of information for economists and international trade specialists concerned with the effects of trade liberalisation on developing economies.

The book has been edited by Roman Grynberg, former Deputy Director of the Commonwealth Secretariat's Economic Affairs Division, and Alice Clarke, an economist with Emerging Market Economics Ltd.

ISBN: 0-85092-835-4; 161 pages; price: £15

HOW TO ORDER

This title can be bought online at www.thecommonwealth.org/publications
 
A full catalogue of Commonwealth Secretariat and Commonwealth Foundation publications can be viewed on the website, which provides a secure online buying facility, and orders can also be made through e-mail or by post. Pre-payment is essential. Payment by sterling cheque, international money order, postal order or bank draft must accompany your order.
 
Payment should be in sterling, drawn on a UK bank and made out to the Commonwealth Secretariat. If you require the order form as an attachment in Word format please e-mail the Publications Section (see address below). Post and packaging charges should be added to every order in the following way: UK orders: 15 per cent of order value (minimum charge £2.00). Non-UK orders: 25 per cent of order value (minimum charge £3.50).

Send orders to: Publications Section, Commonwealth Secretariat, Marlborough House, Pall Mall, London SW1Y 5HX, United Kingdom. Tel: +44 (0)20 7747 6342; Fax: +44 (0)20 7839 9081; E-mail: publications@commonwealth.int. 

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