Importance of the EU Economic Partnership with ACP Countries for Their Socio-Economic Development: Case of Sub-Saharan Africa

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Importance of the EU Economic Partnership with ACP Countries for Their Socio-Economic Development: Case of Sub-Saharan Africa

Popis výsledku v původním jazyce

The Process of globalization has significant influence on the growth of the volume of international trade. The European Union is one of the most important actors of the international trade system with number of applied reciprocal and non-reciprocal trade agreements. It has had unique economic relations with the ACP Group since the 1960s. Nowadays, EU-ACP relations are formalized by Economic Partnership Agreements. Their main objective is to promote economic growth and development of ACP countries, as well as to promote their involvement in the globalized world economy. In some circumstances, economic growth and higher involvement in international trade can lead to the socio-economic development of underdeveloped countries. The aim of this paper is to describe formal framework of EU-ACP trade relations with the emphasis on EU trade relations with Sub-Saharan Africa's members of the ACP Group; to present current economic situation of this region and to show consequences of its involvement in international trade relations for its socio-economic development.

Název v anglickém jazyce

Importance of the EU Economic Partnership with ACP Countries for Their Socio-Economic Development: Case of Sub-Saharan Africa

Popis výsledku anglicky

The Process of globalization has significant influence on the growth of the volume of international trade. The European Union is one of the most important actors of the international trade system with number of applied reciprocal and non-reciprocal trade agreements. It has had unique economic relations with the ACP Group since the 1960s. Nowadays, EU-ACP relations are formalized by Economic Partnership Agreements. Their main objective is to promote economic growth and development of ACP countries, as well as to promote their involvement in the globalized world economy. In some circumstances, economic growth and higher involvement in international trade can lead to the socio-economic development of underdeveloped countries. The aim of this paper is to describe formal framework of EU-ACP trade relations with the emphasis on EU trade relations with Sub-Saharan Africa's members of the ACP Group; to present current economic situation of this region and to show consequences of its involvement in international trade relations for its socio-economic development.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

15th International Scientific Conference "Globalization and Its Socio-Economic Consequences, Part I.

ISBN

978-80-8154-145-2

ISSN

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e-ISSN

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Počet stran výsledku

11

Strana od-do

334-344

Název nakladatele

Žilinská univerzita

Místo vydání

Žilina

Místo konání akce

Rajecke Teplice

Datum konání akce

7. 10. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000371199400045