| | In December 1989 the European Community (EC) and 66 African, Caribbean and Pacific states (the ACP) completed negotiations on the establishment of a fourth Lomé Convention. There can be little doubt that one of the decisive factors in influencing the ACP to continue their association with the EC has been Lomé aid. The funding disbursed by the European Development Fund (EDF) has gained a reputation for its generous terms. It has also entailed relatively low conditionality, the EDF's only stipulation being that it should be spent on EC goods and services. Discuses: Lomé 1-3: What Has Been Achieved?; Towards Structural Adjustment Conditionality with a Human Face; ...But a Less Human Practice?; Structural Adjustment or Transformation? |
