World Bank2012-06-122012-06-122008-10https://hdl.handle.net/10986/7850This report addresses the question raised in its title - now that 18 interim Economic Partnership Agreements (EPAs) have been initialed and negotiations of full EPAs have been launched, what should African countries and regional EPA-groups do? Part two of the report analyzes the outcome of the EPA negotiations thus far, the interim EPAs' implications for the trade and related policies of participating African countries, and the reforms required for successful implementation of interim EPAs. Part three examines the potential role of full EPAs, in advancing regional trade integration, open trade policies, and the liberalization of trade in services and foreign direct investment in Africa. The intended audience for this report is primarily policy makers and their advisors in the African EPA-countries, but it may also be of interest to those in the broader development community concerned with Africa.en-USCC BY 3.0 IGOAGRICULTURAL PRODUCTSANTI-DUMPING MEASURESASYMMETRIC INFORMATIONBILATERAL TRADEBILATERAL TRADE NEGOTIATIONSBINDING CONSTRAINTSBUSINESS CLIMATECAPITAL GOODSCOMMODITIESCOMMON MARKETCOMPETITIVENESS OF GOODSCONSUMER GOODSCOUNTRY TO COUNTRYCURRENCYCUSTOM UNIONCUSTOMSCUSTOMS ADMINISTRATIONCUSTOMS UNIONCUSTOMS UNIONSDEVELOPING COUNTRIESDEVELOPING REGIONSDEVELOPMENT ASSISTANCEDOMESTIC INDUSTRIESDOMESTIC PRODUCERSDOMESTIC PRODUCTIONDOMESTIC TAXESDUMPINGECONOMIC INTEGRATIONECONOMIES OF SCALEELIMINATION OF TARIFFSEUROPEAN UNIONEXPORT GROWTHEXPORT INDUSTRIESEXPORT OPPORTUNITIESEXPORT PERFORMANCEEXPORT PROCESSINGEXPORT PROCESSING ZONESEXPORT SECTORSEXPORTERSEXPORTING COUNTRYEXPORTSEXTERNAL TARIFFEXTERNAL TARIFFSEXTERNALITIESFINANCIAL SECTORFIXED INVESTMENTSFOREIGN DIRECT INVESTMENTFOREIGN INVESTORSFOREIGN SOURCESFREE ACCESSFREE ENTRYFREE IMPORTATIONFREE MARKET ACCESSFREE TRADEFREE TRADE AGREEMENTFREE TRADE AGREEMENTSFREE TRADE AREAFREE TRADE AREASFREE TRADE ARRANGEMENTSFULL LIBERALIZATIONGDPGDP PER CAPITAGENERAL SYSTEM OF PREFERENCESGENERALIZED SYSTEM OF PREFERENCESGEOGRAPHIC SCOPEGLOBAL COMPETITIVENESSGLOBAL TRADEGLOBAL TRADINGGROSS DOMESTIC PRODUCTGROWTH RATEHIGH TARIFF PRODUCTSHIGH TARIFFSIMPORT LICENSINGIMPORT LICENSING REQUIREMENTSINCOMEINCOME LEVELSINSTITUTIONAL CAPACITYINTERNATIONAL TRADEINVESTMENT CLIMATEINVESTMENT POLICIESLDCSLEGAL ISSUESLIBERALIZATION OF TRADELOW-INCOME ECONOMIESMARKET ACCESSMARKET FAILURESMONOPOLYMOST FAVORED NATIONNATIONAL TREATMENTNEW MARKETNEW PRODUCTSNON-TARIFF BARRIERNON-TARIFF BARRIERSOIL EXPORTERSOIL IMPORTSOPEN TRADEPATTERN OF TRADEPOLICY MAKERSPOSITIVE EFFECTSPREFERENTIAL ACCESSPREFERENTIAL BASISPREFERENTIAL MARKET ACCESSPREFERENTIAL TARIFFPREFERENTIAL TARIFFSPREFERENTIAL TRADEPREFERENTIAL TRADE AGREEMENTPREFERENTIAL TRADE AGREEMENTSPREFERENTIAL TRADE ARRANGEMENTPREFERENTIAL TRADE ARRANGEMENTSPREFERENTIAL TREATMENTPRODUCTION STRUCTURESPROPERTY RIGHTPROTECTION RATESPROTECTIONISTQUANTITATIVE RESTRICTIONSRAPID GROWTHRATES OF PROTECTIONREAL GDPREDUCTION IN TARIFFSREFORM PROGRAMREFORM PROGRAMSREGIONAL GROUPSREGIONAL INTEGRATIONREGIONAL TRADEREGIONAL TRADE AGREEMENTSREGIONAL TRADE INTEGRATIONREGULATORY AGENCIESREGULATORY ENVIRONMENTREGULATORY FRAMEWORKREGULATORY REFORMRESTRICTIVE RULES OF ORIGINRULES OF ORIGINSIGNATORY COUNTRIESSINGLE MARKETSMALL COUNTRIESSOURCINGTARIFF BARRIERTARIFF BARRIERSTARIFF LINESTARIFF PREFERENCESTARIFF RATETARIFF RATESTARIFF REDUCTIONSTARIFF REFORMTARIFF REVENUETARIFF REVENUESTARIFF STRUCTURETARIFF STRUCTURESTAXTAX REVENUESTAX SYSTEMSTAXATIONTECHNICAL ASSISTANCETELECOMMUNICATIONSTOTAL FACTOR PRODUCTIVITYTRADE AGREEMENTTRADE AGREEMENTSTRADE DEFLECTIONTRADE DEVELOPMENTTRADE DIVERSIONTRADE IN GOODSTRADE IN SERVICESTRADE LIBERALIZATIONTRADE NEGOTIATIONSTRADE PERFORMANCETRADE POLICIESTRADE POLICYTRADE PREFERENCESTRADE REGIMETRADE REGIMESTRADE RELATIONSTRADE RELATIONSHIPTRADE STRATEGYTRADE TAXESTRADING SYSTEMTRANSPARENCYUNILATERAL REFORMSUNILATERAL TRADEVALUE ADDEDWORLD MARKETWORLD TRADEWORLD TRADE ORGANIZATIONWTOWorld Bank10.1596/7850