The future of Lome: Europe's role in African growth

Article Abstract:

Improvement of the Lome Treaty needs to be undertaken by the European Union as well as their African counterparts in order to address the issue of economic growth properly. A menu approach is being considered in order to pattern the Lome Treaty in accordance with the varying needs and preferences of African countries. Under this approach, the European Union and the former European colonies would coordinate regarding a variety of options, which is composed of benefits and obligations. Some of the options, which would be defined by the Lome Treaty, would include performance-based aid, reciprocal trade agreements and membership in supra-national institutions.

International Affairs, Treaties & Intnl Law, Economic policy, European Union, Treaties

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Trade policy and regional integration: implications for the relations between Europe and Africa

Article Abstract:

International trade policy in African nations cannot satisfactorily promote regional economic integration based on collusion because of the similarity in the kind of produce in each country. It is suggested that a unilateral, instead of a regional, trade policy should be pursued so as to reap the benefits of trade with developed countries such as those located in Europe. This policy should pivot around the removal of import controls and other trade liberalization measures.

International trade, Trade policy, Commercial policy

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Asset Policies During an Oil Windfall: Some Simple Analytics

Article Abstract:

Domestic debt repayment is presented as a solution to the government-private sector dilemma regarding use/investment of oil windfalls, which in turn also makes it difficult to reverse foreign asset accumulation.

Public Finance Activities, Financial management, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, National Government Liabilities & Debt, Petroleum refining, Finance, Company investment, Investments, Petroleum industry, National debt, Public debts, Company financing

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