The Future of STABEX

The Future of STABEX

The future of Stabex is embedded in the future of the Lomé Convention. As proposed in the Green Paper of the European Commission European Commission, 1996), the geographical scope of the future partnership agreement could change. The most interesting question with regard to Stabex is whether there is still a rationale for a compensatory finance scheme to stabilise export earnings of developing countries (let aside the geographical scope). Of equal importance is the question whether the European partners have the political will to maintain such a system and to find adequate funding. [author]

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