The export earnings stabilization system (STABEX) agreement adopted by the European Community in the early 1970s seek to compensate its ex-colonies.

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STABEX (Stabilization of Export Earnings) was a system established by the European Community (now the European Union) under the Lomé Conventions, starting in 1975, to stabilize the export earnings of ACP (African, Caribbean, and Pacific Group of States) countries, many of which were former colonies of European countries, by compensating them for fluctuations in the prices of their commodity exports.

The Export Earnings Stabilization System (STABEX) Agreement Adopted by the European