Globalization, Trade, and Economic Development

Globalization, Trade, and Economic Development: The CARIFORUM-EU Economic Partnership Agreement is the most in-depth study of the economic partnership between the European Union and the fifteen Caribbean developing countries that make up CARIFORUM. The CARIFORUM-EU Economic Partnership Agreement (EPA) is the first trade agreement of its kind, as it is a new type of WTO-compatible trade agreement between a group of developed countries and a group of developing countries. As a principal negotiator for CARIFORUM, Richard L. Bernal is uniquely qualified to provide a unique perspective on trade and economic development in the midst of globalization. In this book, he comprehensively explores the components of the EPA from all angles, explains how the agreement provides opportunities to strengthen and accelerate economic development, and outlines the policies which can allow the CARIFORUM countries to seize these opportunities. Bernal’s explanation of the institutional arrangements for the conduct of the negotiations by CARIFORUM is invaluable to governments and regional organizations in developing countries for coordinating groups to advance common and joint positions in international negotiations.