European Free trade agreements: Investing in development or developing investment?
Abdelmawla Ismail ,Heba Khalil ,Mohamed ElAgati ,Reem Abdel Halim ,Sakr ElNour ,Shimaa El Sharkawy ,Shimaa ElSharkawy
Egypt

Edited By: Mohamed El Agati

Researchers according to the studies order:

Heba Khalil, Mohamed Gad, Saker Al Nour, Reem Abdel Halim,

Abdel Mawla Ismail, Mona Ezzat, Shimaa El Sharkawy, Mohamed El Agati

Translated By: Sonia Farid

When the Egyptian and Tunisian revolutions erupted in 2010 and 2011, respectively, the EU reacted tragically, declaring in March 2011 its readiness to support Arab people in their struggle for freedom and social justice by deepening free trade and investment agreements with North African countries. (Southern Mediterranean).

Although the language of the agreements changed in the period following the Arab uprisings, the reaction of the EU, through the Deauville Agreement in May 2011, reflected the continuation of the European economic policy along with the partners of the international financial institutions. This policy indicates developing investments at the expense of investment in development, And the policy of building partnerships with the private sector in the name of development, and leaving the development process to market mechanisms.

The launch of a “Compact with Africa” ​​partnership involving three Arab countries, Egypt, Tunisia and Morocco, is the clearest form of continuation of modern development partnerships. In which it places increasing foreign investments at the top of development priorities, but more it makes them the path of development, despite the experience gained by North African countries that failed in these policies and even contradicted with social justice.

In this context, this book deals with two agreements, the first is the Comprehensive and Deep Free Trade Agreement of Egypt with the European Union (DCFTA) and the second is the Compact with Africa.

The book reviews the impact of these conventions on development and justice in Egypt. Firstly, through a background paper and then analyzes the conventions in terms of their impact on social justice in Egypt, by addressing their impact on a number of sectors such as industry and agriculture. As well as socioeconomic rights and political and cultural rights. Furthermore, its environmental impacts, and finally at the level of social and economic empowerment of women. With an analytical final chapter linking the different levels of analysis.

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