Will CARICOM countries be vulnerable to financial crises as a result of the Economic Partnership Agreement (EPA): the Cotonou Agreement?

Reis, NCM, 2014. Will CARICOM countries be vulnerable to financial crises as a result of the Economic Partnership Agreement (EPA): the Cotonou Agreement? DBA, Nottingham Trent University.

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Abstract

Whether the EPA contains the seeds of potential financial crises in relation to the CARICOM countries, using the concepts of globalisation, volatility risk and hubris (of leadership, economic thought and a weak regulatory environment).
This study seeks to establish whether financial crises may occur when the variables of globalisation, volatility risk and hubris within a weak regulatory environment coincide within the framework of the Economic Partnership Agreement between the ACP countries, (in particular the CARICOM countries) and the EU (the Cotonou Agreement).
Ultimately it is the intention to assess whether there is any association between these factors to determine if when combined we can anticipate the likely occurrence of financial crises.
A number of research hypotheses were derived from the review of the literature in Documents 2 and 3. The evidence presented in Document 4 did not support the null hypotheses and allowed us to conclude that there is a statistical association among globalisation, volatility risk and hubris. In conclusion, we explore the attitudes of key sectors with respect to the EPA economic framework and proffer that a likely combination of these three variables may contribute to the occurrence of financial crises. Furthermore it is the author’s contention that the Cotonou Agreement may contain the ingredients to usher in another financial crisis.

Item Type:	Thesis
Creators:	Reis, N.C.M.
Date:	2014
Rights:	This work is the intellectual property of the author. You may copy up to 5% of this work for private study, or personal, non-commercial research. Any re-use of the information contained within this document should be fully referenced, quoting the author, title, university, degree level and pagination. Queries or requests for any other use, or if a more substantial copy is required, should be directed to the owner of the Intellectual Property Rights.
Divisions:	Schools > Nottingham Business School
Record created by:	Jill Tomkinson
Date Added:	04 May 2016 09:27
Last Modified:	19 Jul 2016 15:11
URI:	https://irep.ntu.ac.uk/id/eprint/27729

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