1st Edition
Asymmetric Power Relations and International Trade Law A Legal Analysis of Economic Partnership Agreements
The book offers an analysis of the contradictions between theory and practice in the trading system. It contextualises the colonial legal structure and its impact on the peripheral countries and their participation and gain in the multilateral trading system.
The book’s core argument effectively situates Economic Partnership Agreements in the ‘systemic’ asymmetry, which characterises the relationship between developed and developing countries in global trade. It applies the idea of asymmetry to the relationship between the core countries—the EU/USA and the peripheral countries (ACP)—in the GATT, multilaterally and in the EU-ACP trade relationship, bilaterally. The book identifies that core provisions in the WTO regime such as the special and differential treatment as well as GATT Article XXIV have not lived up to expectations. Underscoring the asymmetrical participation and dominant role of former colonial powers, the book demonstrates how, although trade is generally considered a catalyst for economic growth, developed countries have safeguarded their domestic markets while exerting pressure on developing countries to liberalise and compete. The European Union has taken measures to address the development concerns of African, Caribbean, and Pacific countries through the Lomé Conventions and Cotonou Agreement; however, these relationships still retain and reinforce colonial paternalism, evidenced by recent trade agreements. An alternative possibility—multipolarity holds promise for African countries, especially intra-African trade and critical engagement with China.
The book is an invaluable resource for scholars, postgraduate students, government officials, and policymakers, as it offers a comprehensive understanding of the complexities of trade negotiations and agreements.
1. Asymmetry and Legal Construct
2. Theoretical Framework of the Global Trading System
3. The Colonial Trading System
4. The European Union and ACP Countries: 1957-2000s
5. The Ghana-Eu Economic Partnership Agreement
6. Nigeria-EU EPA Impasse and UK-Nigeria Trade Arrangement
7. The Chinese Approach to African Development
8. Breaking the Unbroken Continuum
Biography
Inebu C Agbo-Ejeh obtained her PhD in Commercial Law from the University of Cape Town. She holds a Master of Laws in International Economic Law from the University of Warwick (UK) and a Bachelor of Laws degree from the University of Jos. Inebu is an advocate and solicitor of the Supreme Court of Nigeria. Inebu has taught law at the undergraduate and postgraduate levels at Baze University, the American University of Nigeria, and the University of Seychelles. In 2019, she was awarded a UNDP-supported Centre for Trade and Regional Industrialization (CTRI) Fellowship. Her research interests primarily focus on International Economic Law; international trade law and Investment Law; and Business, and Human Rights Law. She has held various administrative positions, including coordinating postgraduate and undergraduate research.