Enhancing investment in West Africa : the role of investment instruments in economic partnership agreement negotiations

Bibliographic Information

Enhancing investment in West Africa : the role of investment instruments in economic partnership agreement negotiations

T Ademola Oyejide ... [et al.]

(Commonwealth economic papers, 88)

Commonwealth Secretariat, c2009

  • : pbk

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Note

Includes bibliographical references (p. 74-75)

Description and Table of Contents

Description

The Economic Partnership Agreement between the European Union and the ECOWAS states of West Africa envisages co-operation between the two sides with the aim of enhancing investment and private sector development in the ECOWAS region. This study explores the options available to ECOWAS states for promoting, protecting and guaranteeing flows of domestic and foreign direct investment, in the context of the ACP-EU Economic Partnership Agreements, so that development gains are realised in these economies.

Table of Contents

Abbreviations and acronyms   Executive summary   1. Introduction   2. ECOWAS Economic Performance and Investment Patterns 2.1 Introduction 2.2 Aggregate and sectoral output growth performance 2.3 Structure of output in ECOWAS countries 2.4 Rate and structure of investment 2.5 Financing investment   3. The Domestic Investment Framework 3.1 The domestic legal framework for investment 3.2 Entry and establishment conditions 3.3 Regulation of ownership and operations 3.4 Investment incentives 3.5 Dispute settlement arrangements 3.6 Internalising foreign investment benefits   4. Bilateral and Regional Investment Arrangements and Treaties 4.1 Bilateral investment treaties involving West Africa and the EU countries 4.2 Bilateral investment treaties and investment performance in West Africa 4.3 ACP-EU regional investment arrangements 4.4 Regional investment agreements and FDI flows to West Africa   5. International Institutions and Enterprise Development in West Africa 5.1 Introduction 5.2 Enterprise development mandate 5.3 Private sector investment and support services 5.4 Competition and complementarity in enterprise development support 5.5 Does European Investment Bank funding ‘crowd out’ local resources? 5.6 Enhancing the impact of support for private sector development   6. Investment Negotiations in the Economic Partnership Agreements 6.1 Introduction 6.2 Investment agreement issues 6.3 Options in a West Africa-EU EPA investment agreement 6.4 What are the investment provisions of the interim EPA texts of Ghana and Côte d’Ivoire?   7. Conclusions and Recommendations   References

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