The World Economy, Global Trade Policy 2004 (world Economy Special Issues)

The World Economy The World Economy Global Trade Policy 2004 Edited by David Greenaway University of Nottingham © 2005 by Blackwell Publishing Ltd BLACKWELL PUBLISHING 350 Main Street, Malden, MA 02148-5020, USA 108 Cowley Road, Oxford OX4 1JF, UK 550 Swanston Street, Carlton, Victoria 3053, Australia The right of David Greenaway to be identified as the Author of the Editorial Material in this Work has been asserted in accordance with the UK Copyright, Designs, and Patents Act 1988. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, except as permitted by the UK Copyright, Designs, and Patents Act 1988, without the prior permission of the publisher. First published 2005 by Blackwell Publishing Ltd Library of Congress Cataloging-in-Publication Data ISBN 1-4051-2988-3 (paperback) A catalogue record for this title is available from the British Library. Set in 11/13pt Times by Graphicraft Limited, Hong Kong Printed and bound in the United Kingdom by TJ International, Padstow Cornwall The publisher’s policy is to use permanent paper from mills that operate a sustainable forestry policy, and which has been manufactured from pulp processed using acid-free and elementary chlorine-free practices. Furthermore, the publisher ensures that the text paper and cover board used have met acceptable environmental accreditation standards. For further information on Blackwell Publishing, visit our website: www.blackwellpublishing.com Contents Foreword Contributors vii viii REGIONAL FOCUS 1 2 Economic Partnership Agreements Between Sub-Saharan Africa and the EU: A Development Perspective ............ LAWRENCE E. HINKLE and MAURICE SCHIFF 1 What Role for the EPAs in the Caribbean? ............ MICHAEL GASIOREK and L. ALAN WINTERS 15 WTO TRADE POLICY REVIEWS 3 4 5 Trade Policy in Burundi: Reform Without Political Stability.................................................................. CHRIS MILNER 43 Regionalism Within Multilateralism: The WTO Trade Policy Review of Canada ....................................... KEITH HEAD and JOHN RIES 57 Trade Policy Making in a Small Island Economy: The WTO Review of the Maldives ................... PREMA-CHANDRA ATHUKORALA 81 SPECIAL FEATURE 6 7 Trade Reform and the Southern Mediterranean ................................................................................... MICHAEL GASIOREK 101 Beyond Border Barriers: The Liberalisation of Services Trade in Tunisia and Egypt ....................... DENISE EBY KONAN and KARL E. KIM 109 v vi 8 CONTENTS Rules of Origin and the EU-Med Partnership: The Case of Textiles .................................PATRICIA AUGIER, MICHAEL GASIOREK and CHARLES LAI-TONG 129 Does the Quality of Institutions Limit the MENA’s Integration in the World Economy?.......................................... PIERRE-GUILLAUME MÉON and KHALID SEKKAT 155 Index ........................................................................................................................ 179 9 Foreword Each year The World Economy publishes an issue dedicated to developments in global trade policy. That issue always includes a number of ingredients: evaluations of a range of WTO Trade Policy Reviews; a regional feature; and a ‘special feature’ devoted to a current issue. Because of the interest in this particular issue of the journal, it is always published also as a stand alone book. Global Trade Policy 2004 includes Trade Policy Reviews of Burundi, Canad