Poverty Reduction in West Africa: An Ex-Ante Impact Analysis of the Cotonou Agreement
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Keywords

Cotonou agreement (CA), Poverty reduction, Ex-ante impact, Economic growth

How to Cite

Okpara, G. S. (2011). Poverty Reduction in West Africa: An Ex-Ante Impact Analysis of the Cotonou Agreement. International Journal of Asian Social Science, 1(4), 72–80. Retrieved from https://archive.aessweb.com/index.php/5007/article/view/2139

Abstract

Mid-way into the Cotonou Agreement’s target year 2020, this study is aimed at a comparative analysis of its effectiveness in poverty reduction in West Africa. The Agreement’s existing “Aid Effectiveness” is usually based on an iterative analysis, rather than a pre- and post-impact examination, which this work proposes. Using Nigeria, Cote D’Ivoire and Guinea Bissau from the English-, French- and Portuguesespeaking blocs, based on their respective population, a seven-year comparative study was conducted before the Agreement (1993-1999), and after (2003-2009). A post- Agreement growth - poverty correlation was also conducted. Besides a Paradox of Growth, results showed no significant difference in poverty status within the subregion, since the Cotonou Agreement. A review of the Agreement’s mechanism, and an inward-looking commitment to poverty reduction are recommended.

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