Study of the impact of the Economic Partnership Agreement on the Congolese economy

ECOPA led this three-person EC-funded assignment on the quantitative evaluation of the impact of the Economic Partnership Agreement (a Free Trade Agreement between the EU and Central Africa) in Congo.

The study used a macroeconomic dynamic Computable General Equilibrium (CGE) model of the economy of Congo, including a detailed external trade module. The model provided an evaluation of the impact of the EPA in terms of customs revenues, trade, investment, growth, supply, GDP and employment, and household welfare. It included a detailed sectoral analysis with 39 sectors and goods, allowing for a focused analysis of the impact of the APE on sectors and consumption/welfare.

The project used of national and international trade databases of trade flows and tariffs extensively (WITS, COMTRADE, national customs data). It also used national accounts data to build and balance Congo’s social accounting matrix.

For TradeCom (2009).