Regional Integration Among the Maghreb Countries and Free Trade with the European Union PDF Download
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Author: Khalid Sekkat
Publisher:
ISBN:
Category : Africa, North
Languages : en
Pages : 34
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Book Description
Author: Khalid Sekkat
Publisher:
ISBN:
Category : Africa, North
Languages : en
Pages : 34
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Book Description
Author: Gary Clyde Hufbauer
Publisher: Columbia University Press
ISBN: 0881324949
Category : Political Science
Languages : en
Pages : 192
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Book Description
Increasing terrorist activity has led the Maghreb countries—Morocco, Algeria, Tunisia, Mauritania, and Libya—to focus on antiterrorism efforts, unintentionally at the expense of full-fledged economic reform. These countries have tightened their border restrictions on the flow of people and goods, reducing commerce and depressing economic activity. In fact, Maghreb has one of the lowest rates of intra-regional trade in the world; other factors like rigid economic structures, slow productivity growth, and modest investment levels continue to stymie progress toward economic integration. Do these countries' diverse circumstances symbolize insurmountable obstacles in achieving economic cooperation and an improved standard of living for citizens? How can the United States and European Union facilitate economic progress? Maghreb Regional and Global Integration: A Dream to Be Fulfilled utilizes two distinct econometric tools to assess four key sectors—energy, banking and insurance, transport, and agribusiness—and outlines achievable sector-specific recommendations. This book not only assesses the gains from economic integration among the Maghreb countries, but also focuses on the tangible benefits from enhanced economic ties between the region and the world economy. With this critical analysis, the authors provide an in-depth look at practical measures such as bilateral trade and investment agreements, regional arrangements, and financial assistance that can significantly boost short-term success and ensure long-term gains through integration in an unstable region.
Author: Mr.Jean-Francois Dauphin
Publisher: International Monetary Fund
ISBN: 1484398424
Category : Business & Economics
Languages : en
Pages : 47
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Book Description
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.
Author: Mr.Mohamad Ali Finaish
Publisher: International Monetary Fund
ISBN: 1451969120
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
The Founding Treaty of the Arab Maghreb Union (AMU), signed in February 1989, calls for a strengthening of all ties among its member states (Algeria, Libya, Mauritania, Morocco, and Tunisia), including a gradual move toward free circulation of goods, services, and factors of production among them. The paper provides an overview of the economic conditions in the AMU member countries, describes the institutional arrangements under the AMU, and assesses the progress made in attaining the economic objectives of the Treaty. In so doing, the paper identifies the main obstacles encountered in making progress toward the objectives of the Treaty and reviews actions that need to be taken to make further progress in the coming years. In that context, the paper also examines the relationship of the AMU countries with the European Union (EU).
Author: Benjamin Hätinger
Publisher: GRIN Verlag
ISBN: 3640694066
Category : Political Science
Languages : en
Pages : 115
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Book Description
Diploma Thesis from the year 2009 in the subject Business economics - Economic Policy, grade: 2,3, University of Hohenheim, language: English, abstract: In this study it is intended to investigate today ́s actual economic interdependence of what we would call the Middle East and North African (MENA) region and to analyze its economic interweaving, both among its member countries and into the global trading system. Being aware of the complexity and breadth of this topic, the author has chosen only three subset economic integration agreements, both between the countries of the MENA region (intraregional) – also comprising a subregional agreement – and between the MENA region and other regions (interregional), for closer analysis. Concerning the efforts made towards interregional economic integration, this thesis concentrates mainly on the so-called EU-MED Partnership which was initiated at the Barcelona Conference in 1995 and aims to establish an EU-Med Free Trade Area (EMFTA) by the year 2010 including the EU and the 12 so-called Mediterranean countries which, apart from Malta, Cyprus and Turkey, all belong to the MENA region. In contrast, on the intraregional level, the latest initiative in 1997 will be examined, where 17 out of 22 Arab League member states - all of which also belong to the MENA region apart from Sudan – joined to constitute a “Greater Arab Free Trade Area” (GAFTA, mainly to get rid of traditional trade barriers for goods. On the smaller subregional level, the Gulf Cooperation Council (GCC), consisting of 6 Gulf countries, which plans the establishment of a common currency by 2010, will be examined more closely. With GAFTA, GCC and the EU-MED Partnership all being in a different depth of integration and each representing one of the three different levels of integration (subregional, intraregional, interregional), the author holds the view that this choice reflects the actual state of integration in the region best. In a nutshell, this study tests the compatibility and correlation of the two different integration trends – multilateral and regional – using the example of the MENA region. Are they supplements or substitutes? Does regional integration inhibit or facilitate multilateral integration or vice versa? Are the above-mentioned regional integration arrangements contradictory, compatible or even mutually dependent? By approaching these questions the reader is to gain some insight into the so-called “Spaghetti Bowl” of cross-cutting integration agreements in the region.
Author: Dessus Sébastien
Publisher: OECD Publishing
ISBN: 9264182241
Category :
Languages : en
Pages : 140
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Book Description
The authors of this study highlight the opportunities trade liberaliastion agreements offer for supporting reforms to encourage industrial restructuring through financial transfers, providing incentives for producers to diversify, and securing new markets.
Author: Mr.Henri C. Ghesquière
Publisher: International Monetary Fund
ISBN: 1451942478
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
By establishing free trade for industrial products in 12 years, the European Union’s Association Agreements with countries in the Mediterranean region seek to promote accelerated economic growth. This paper reviews the literature and evaluates the economic benefits and costs for Tunisia, Morocco, Lebanon, Egypt, and Jordan. It concludes that the benefits could be substantial, but only if accompanied by deep supplementary reforms, including extending trade liberalization to services and agriculture and on a multilateral basis, improving the environment for foreign direct investment, ensuring an adequate fiscal and exchange rate policy response, and strengthening European Union assistance.
Author: Carl Dawson
Publisher: Bloomsbury Publishing
ISBN: 0857712446
Category : Political Science
Languages : en
Pages : 221
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Book Description
Trade between the European Union and North Africa has been a contentious issue since the Treaty of Rome. Serious diplomatic attempts to broker a resolution resulted in the Association Agreement between Morocco and the EU in 1995, after protracted negotiations over three years. Here Dawson analyses the process by which a sub-optimal agreement was ratified - unfavourable to Morocco, some member states of the EU and also wider EU economic objectives for North Africa. He draws on a rich vein of testimony from key players to show how democracy deficits in Morocco and excessive pressure group influence in the EU led to skewed negotiations. An insightful analysis of the trade negotiation process, EU Integration with North Africa elucidates the underpinnings of the global economic order; it will be valuable for those concerned with international relations, globalisation and the EU, especially North Africa.
Author: Mr.Alexei P Kireyev
Publisher: International Monetary Fund
ISBN: 1498302076
Category : Business & Economics
Languages : fr
Pages : 48
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Book Description
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.
Author: Hassan Hakimian
Publisher: Psychology Press
ISBN: 9780415360296
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
This important book examines the impact of recent changes in the world economy on trade policy within the MENA region and its economic relations with the rest of the world.
