A Study of Pakistan's Trade and Economic Relations with the European Community in the Context of EC's Trade and Development Policies

Commerce-Business, European studies, International relations

Naeem, Rashid A

University:University of Glasgow

关键词: Commerce-Business, European studies, International relations;   

Others  :  http://theses.gla.ac.uk/75719/1/13818436.pdf

来源: University of Glasgow

【 摘 要 】

The study presents the evolution of Pakistan's trade and economic relations with the EC and endeavours to investigate the effects of the EC's special and preferential trade as well as development cooperation regime on their relations over the years. First, it examines the changing character of Pakistan's global trade and economic relations and manifests the importance and significance of the EC for Pakistan. It also attempts to identify the principal instruments of the EC's trade and development cooperation regime which regulate trade and capital flows and explores their nature and application towards developing countries in general and Pakistan, in particular. The study then investigates the effects of the EC's special and differential trade regime on the trade flows of Pakistan with the EC. In this regard, it considers trade and economic relations of Pakistan with the EC' conducted through Generalised System of Preferences (GSP), bilateral agreements concluded within the framework of Multifibre Arrangement (MFA) and bilateral cooperation agreements. It also explores the price raising effect of the MFA restraints and estimates the quota rent accrue to Pakistan for its textile and clothing exports to the EC. Further, the study meditates to provide empirical evidences of how far Pakistan has fared in the EC market in relation to its competitors consistent with the EC's trade regime. This study further enquires into the possible trade implications of the EC's enlargement towards Southern Europe for Pakistan. Finally, the study explores the ways and means by which Pakistan can become an attractive site for foreign direct investment in future. In this regard, it identifies and analyses the effectiveness of various factors which have motivated and are likely to motivate the flow of foreign direct investment in Pakistan in general and from the EC, in particular.