Pathways from Preferential Trade: The Politics of Trade Adjustment in Africa, the Caribbean and Pacific

174 Pages·2013·0.73 MB·English

by  Tony Heron (auth.)

International Political Economy Series
Series Editor: Timothy M. Shaw, Visiting Professor, University of Massachusetts
Boston, USA and Emeritus Professor, University of London, UK
The global political economy is in flux as a series of cumulative crises impacts its
organization and governance. The IPE series has tracked its development in both anal-
ysis and structure over the last three decades. It has always had a concentration on
the global South. Now the South increasingly challenges the North as the centre of
development, also reflected in a growing number of submissions and publications on
indebted Eurozone economies in Southern Europe.
An indispensable resource for scholars and researchers, the series examines a variety
of capitalisms and connections by focusing on emerging economies, companies and
sectors, debates and policies. It informs diverse policy communities as the established
trans-Atlantic North declines and ‘the rest’, especially the BRICS, rise.
Titles include:
Rachel K. Brickner (e ditor )
MIGRATION, GLOBALIZATION AND THE STATE
Juanita Elias and Samanthi Gunawardana (e ditors )
THE GLOBAL POLITICAL ECONOMY OF THE HOUSEHOLD IN ASIA
Tony Heron
PATHWAYS FROM PREFERENTIAL TRADE
The Politics of Trade Adjustment in Africa, the Caribbean and Pacific
David J. Hornsby
RISK REGULATION, SCIENCE AND INTERESTS IN TRANSATLANTIC TRADE
CONFLICTS
Yang Jiang
CHINA’S POLICYMAKING FOR REGIONAL ECONOMIC COOPERATION
Martin Geiger, Antoine Pécoud ( editors )
DISCIPLINING THE TRANSNATIONAL MOBILITY OF PEOPLE
Michael Breen
THE POLITICS OF IMF LENDING
Laura Carsten Mahrenbach
THE TRADE POLICY OF EMERGING POWERS
Strategic Choices of Brazil and India
Vassilis K. Fouskas and Constantine Dimoulas
GREECE, FINANCIALIZATION AND THE EU
The Political Economy of Debt and Destruction
Hany Besada and Shannon Kindornay (e ditors )
MULTILATERAL DEVELOPMENT COOPERATION IN A CHANGING GLOBAL ORDER
Caroline Kuzemko
THE ENERGY-SECURITY CLIMATE NEXUS
Hans Löfgren and Owain David Williams ( editors )
THE NEW POLITICAL ECONOMY OF PHARMACEUTICALS
Production, Innnovation and TRIPS in the Global South
Timothy Cadman ( editor )
CLIMATE CHANGE AND GLOBAL POLICY REGIMES
Towards Institutional Legitimacy
Ian Hudson, Mark Hudson and Mara Fridell
FAIR TRADE, SUSTAINABILITY AND SOCIAL CHANGE
Andrés Rivarola Puntigliano and José Briceño-Ruiz ( editors )
RESILIENCE OF REGIONALISM IN LATIN AMERICA AND THE CARIBBEAN
Development and Autonomy
Godfrey Baldacchino (e ditor )
THE POLITICAL ECONOMY OF DIVIDED ISLANDS
Unified Geographies, Multiple Polities
Mark Findlay
CONTEMPORARY CHALLENGES IN REGULATING GLOBAL CRISES
Helen Hawthorne
LEAST DEVELOPED COUNTRIES AND THE WTO
Special Treatment in Trade
Nir Kshetri
CYBERCRIME AND CYBERSECURITY IN THE GLOBAL SOUTH
Kristian Stokke and Olle Törnquist (e ditors )
DEMOCRATIZATION IN THE GLOBAL SOUTH
The Importance of Transformative Politics
Jeffrey D. Wilson
GOVERNING GLOBAL PRODUCTION
Resource Networks in the Asia-Pacific Steel Industry
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Pathways from
Preferential Trade
The Politics of Trade Adjustment in Africa,
the Caribbean and Pacifi c
Tony Heron
Professor of International Politics, University of York, UK
© Tony Heron 2013
Softcover reprint of the hardcover 1st edition 2013 978-1-137-30791-0
All rights reserved. No reproduction, copy or transmission of this
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First published 2013 by
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ISBN 978-1-349-45574-4 ISBN 978-1-137-30792-7 (eBook)
DOI 10.1057/9781137307927
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Contents
List of Illustrations v iii
Preface and Acknowledgements i x
List of Abbreviations x i
1 Introduction 1
2 The Rise and Fall of Preferential Trade 13
3 Understanding the EU-ACP Economic Partnership
Agreements: The Case of the CARIFORUM 35
4 European Policy Diffusion and the Politics of Regional
Integration in the Pacific 56
5 Developmentalism and the Political Economy
of Trade Adjustment in Mauritius 83
6 Southern Africa and the Global Politics
of Trade Preference Erosion 1 08
7 Conclusion 132
Notes 1 37
Bibliography 1 44
Index 1 57
vii
List of Illustrations
Tables
2.1 Chronology of Special and Differential Treatment
under the GATT 25
4.1 The EPAs – who has signed? 66
6.1 US clothing imports from selected AGOA countries
in US$ million, 1998–2009 111
Figures
4.1 The EPA regional configurations 65
5.1 Overlapping regionalism in Eastern and Southern Africa 1 03
viii
Preface and Acknowledgements
This book goes to press as the Palgrave IPE Series celebrates its thirtieth
anniversary. In this time, the position of the Global South in the interna-
tional order appears to have been transformed out of all recognition. The
most visible manifestation of this, of course, has been the stunning emer-
gence of the so-called ‘BRICs’ – China especially – alongside numerous other
rapidly emerging economies. These changes have prompted the current
British Prime Minister David Cameron to herald, perhaps even welcome,
the emergence of a new ‘global race’ wherein the UK and other high-
waged developed countries are now involved in a life-and-death struggle to
defend affluent living standards and generous welfare systems from a global
onslaught from hyper-competitive, low-waged developing countries. While
there is no denying that there is something rather seismic about the deep-
seated structural changes that are currently underway, a point often missing
from mainstream political discourse is that for the numerical majority of
developing countries the story is not one of rapid emergence but of gradual
decline. Indeed, for the African, Caribbean and Pacific (ACP) group coun-
tries – the focus of this book – the dominant theme is their increasingly
precarious position in the global order, characterized by dwindling shares of
trade, aid and investment. The backdrop to this book, then, is not globaliza-
tion and integration but marginalization and disintegration. In the spirit of
other work published in this series, however, the intention here is not to
analyse the fate of the ACP as somehow separate from or marginal to the
main trends in global politics. Rather, what we aim to show is that the fate
of the ACP – shared by many other developing countries – is in fact part and
parcel of David Cameron’s ‘global race’, that is, the flipside of the reconfigu-
ration of global power structures and the multilateral economic institutions
which underpin them. In the book we chart the entwinement of globaliza-
tion and marginalization though a series of thematic chapters, each of which
is underpinned by empirical case studies. The approach taken is theoreti-
cally informed but in each case chapters draw on intensive fieldwork carried
out over a three-year period across Africa, the Caribbean and Pacific as well
as the bureaucratic capitals of Brussels, Canberra, Geneva, London, Pretoria
and Washington, DC. The research was facilitated by the financial assistance
of the UK Economic and Social Research Council (ESRC) First Grant Scheme
(Award No. RES-061-25-0198) and the institutional support of the following
organizations: the Caribbean Policy Research Institute, University of the
West Indies, Jamaica; Department of International Relations, Australian
National University; School of Economics, University of the South Pacific,
ix