Data Management

Trade As Aid: The Role Of The EBA-Trade Preferences Regime In The Development Strategy

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Executive Summary

This paper focuses primarily on trade preferences offered by the European Union (EU) and in particular on the Everything But Arms (EBA) trade preferences regime, which is targeted exclusively on Least Developed Countries (LDCs). Using the gravity model, an estimation of the influence of the EBA preferences on exports from the ACP LDCs to the EU-15 is presented. The model is applied to the time period 1995 to 2005 for the ACP countries' exports to the EU-15 and estimated with the help of different econometric techniques.

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