Following a detailed description of the 'Everything But Arms' (EBA) initiative in the EU's preferential trading framework, this chapter presents an economic assessment of the likely impact of EBA on the least developed countries (LDCs). It finds that EBA affects only a limited number of products,...

This chapter presents an overview of the EU's Common Agricultural Policy (CAP) and shows how the policy has evolved over the past decade in response to external and internal pressures for reform. First, the objectives of the CAP are outlined, indicating changes in objectives over time. Second, the...

This chapter first presents a brief summary of the agricultural aspects of the eastern enlargement of the EU and the mid-term review (MTR) of the Common Agricultural Policy (CAP). It then provides a quantitative assessment of how the eastern enlargement and the MTR reform will affect agriculture in ...