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Despite lofty rhetoric about development, the EU has cut preferential trading rules with emerging economies for commercial reasons

Siles-Brügge, Gabriel (2014) Despite lofty rhetoric about development, the EU has cut preferential trading rules with emerging economies for commercial reasons. LSE European Politics and Policy (EUROPP) Blog (07 Apr 2014). Website.

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Abstract

The EU’s Generalised System of Preferences (GSP) is intended to allow the EU to offer favourable trading rules such as lower tariffs to developing countries. Gabriel Siles-Brugge writes on a recent reform which places greater restrictions on the types of exports which are eligible for this system. He argues that while the reform has been justified by the EU as a development policy on the grounds that it refocuses help toward the least developed nations, rather than emerging economies such as China and India; the real motivation is that it aids the EU’s commercial interests. In particular, by specifically targeting the exports of emerging economies, the reform improves the leverage of the EU in negotiations with these countries over future free trade agreements.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2014 The Author(s); Online
Divisions: LSE
Subjects: J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 03 Apr 2017 09:33
Last Modified: 03 Jan 2021 00:24
URI: http://eprints.lse.ac.uk/id/eprint/72035

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