Unilateral Trade Liberalization And Developing Countries Trade Policies The Case Of Agoa Beneficiary Ssa Countries

Special and deferential treatment of developing countries by developed nationsrnis at the heart of current development rounds. Devising instruments that providernPreferential market access to big markets for some products from selectedrndeveloping countries was required to implement the SDT of LDCs. AGOA wasrnDesigned and implemented by the U.S. Congress in May 2000 to grant freernaccess to the U.S. market for virtually all products from eligible SSA countries.rnBut a host of literatures argue that such unilateral trade liberalization triggersrnRestrictive trade policies and jeopardize negotiated multilateral tradernLiberalization efforts and its benefits in the preference recipient developingrncountries. This paper takes up this problem to test whether AGOA is favoringrnrestrictive trade policy in the beneficiary SSA countries by adopting panel datarnanalysis. The relations hip between restrictive trade policy and AGOA in thernregion is not strong and even negative in some cases.

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