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Maghreb Regional and Global Integration by Gary Clyde Hufbauer,Claire Brunel Pdf
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.
Maghreb Regional and Global Integration by Gary Clyde Hufbauer,Claire Brunel Pdf
Working toward political stability by combating increased levels of terrorist activity, the Maghreb countries have shifted efforts away from executing full-fledged economic reform. At the same time, recently implemented economic reforms fall short of bolstering lackluster performance and easing political tension among neighbors. 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 US and EU facilitate economic progress? This book not only assesses the gains from economic integration among the Maghreb countries, but also focuses on the benefits from enhanced economic ties between the region and the world economy.
Economic Integration in the Maghreb by Mr.Alexei P Kireyev,Mr.Boaz Nandwa,Ms.Lorraine Ocampos,Mr.Babacar Sarr,Mr.Ramzy Al Amine,Mr.Allan G Auclair,Mr.Yufei Cai,Mr.Jean-Francois Dauphin Pdf
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.
Multilateral vs. Regional Economic Integration? - The Middle East and North African Region by Benjamin Hätinger Pdf
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.
Over the last decades, rivalries, bilateral disagreements, and distrust between Maghreb states have taken a toll on common political and security challenges, like the Western Sahara issue, the Libyan conflict, the destabilisation in the Sahel region and transnational clandestine flows. Moreover, the Maghreb is one of the least economically integrated regions in the world, and this leads to the region’s loss in growth, and the disheartening record of missed opportunities for stability and prosperity. This is the cost of the “non-Maghreb”.This Report aims to unpack the political and economic costs of the “non-Maghreb”, understand its historical genesis and geopolitical implications and, more broadly, what the future might hold for individual countries and the Maghreb as a divided, fractious but potentially coherent whole.
A Global Integration Strategy for the Mediterranean Countries by Mr.Oleh Havrylyshyn Pdf
The economy of the Mediterranean region countries - which in the present study include Algeria, Egypt, Jordan, Lebanon, Morocco, Syria, Tunisia, as well as Israel and Turkey - experienced a period of strong and dynamic economic development in the late 1970s and early 1980s. But since the 1980s these economies have experienced a much less dynamic evolution and tended toward stagnation. This paper by Oleh Havrylyshyn, presents an assessment of the experience of these economies in a framework of a broad trade strategy perspective for Mediterranean countries, and examines prospects for the future.
Enhancing Regional Governance and Multilateral Cooperation in Maghreb by Andrea Ranelletti Pdf
L’ambizione di questo volume è presentare nuovi paradigmi di analisi del processo di integrazione regionale nel 17 Maghreb, da un punto di vista politico, economico e della gestione della sicurezza. Frequentemente trascurata nell’ambito degli “studi comparativi regionali”, il regionalismo maghrebino rappresenta un fenomeno complesso, che può fornire interessanti informazioni sulle “intersezioni dei fattori domestici e internazionali che danno forma alle fortune economiche, agli interessi nell’ambito della sicurezza, e sulle attività culturali degli attori politici” (Katzenstein 1996, 5). Frequently neglected in the field of “comparative regionalist studies”, Maghrebi regionalism represents a complex phenomenon, which could provide interesting information concerning the “intersection of the international and domestic factors that shape the economic fortunes, security interests, and cultural activities of political actors” (Katzenstein 1996, 5).
Regional Integration in Africa by Sipho Buthelezi Pdf
This study outlines the challenges to mutual linkages at a regional level - to social and economic development across the continent. Organised topically and covering all regional groupings in Africa, the study provides a historical overview of integration and common markets of COMESA and ECOWAS, discussion of Africa in the global economy, the question of regionalism in North Africa and the Arab-Maghreb union, the case of the Southern African Development Community, and a survey of the political economy of the Horn of Africa.
The Prospects for an Economic Community in North Africa: Managing Economic Integration in the Maghreb States by Abderrahman Robana Pdf
Study of the prospects for economic integration of Morocco, Algeria and Tunisia and for the creation of a North African common market - covers institutional frameworks, theoretical aspects of integration, economic structures and trade structures, the obstacles and potentials for a Maghreb union, etc., and considers the economic planning experiences of each country. Bibliography pp. 182 to 202, map and statistical tables.
Global Security Watch—The Maghreb by Yahia H. Zoubir,Louisa Dris-Aït-Hamadouche Pdf
An unprecedented analysis of how the liberation from colonial rule has threatened the Maghreb region of Africa and created political and social challenges that puts global security at risk. Northwestern Africa, known as the Maghreb, consists of Algeria, Libya, Mauritania, Morocco, Tunisia, and Western Sahara. Recent changes in the political climate—including the collapse of the Libyan regime in October 2011 and structural factors, such as the decolonization of the countries within the Maghreb—have escalated violence in the area, exposing global powers, including the United States, to terrorist attacks. This is the first book of its kind to focus on the strategic planning of the United States, as well as other world powers, in the stabilization of the region. Global Security Watch—The Maghreb: Algeria, Libya, Morocco, and Tunisia examines domestic, regional, and international policies as they relate to the area's culture, geography, and history. Each of the book's seven chapters looks at the political and social stability of the land, and features a discussion on such topics as interstate relations, regional integration, conflict resolution, and the legislation governing security.
International Handbook on the Economics of Integration: General issues and regional groups by Miroslav N. Jovanović Pdf
International Handbook of Economic Integration edited by Miroslav Jovanovi provides timely and rich academic contributions to considerations of the widest array of integration-related issues. European integration has been providing an inspiration to a number of academics and researchers. The Handbook is a recognition of the dynamic and strong solidarity of the European integration. At the same time, the European Union often provided an example for integration schemes throughout the world which spread enormously since the mid-1990s. Leading experts from all continents contributed to this Handbook which will be a valuable input into academic and policy-making discussions and actions. José Manuel Barroso, President of the European Commission Miroslav Jovanovi s publication represents a rich contribution to the complex issue of regional integration, its benefits, its shortcomings, and its relationship with multilateral trade opening. It sheds light over an issue which is the subject of intense discussions in trade circles. Pascal Lamy, Director-General of the WTO Much has been written on trade agreements as a mechanism to integrate the markets of two of more countries often inspired by the European example. In recent years, attention has increasingly focused on the importance of economic geography as a determinant of industrial location. This book combines the two strands of analysis, bringing together leading experts in the fields of economic geography and international trade. The result is an outstanding compilation of papers that illuminate how policies and economic forces affect the location of economic activity in an integrated Europe. Bernard Hoekman, Director, The World Bank, US The open multilateral trading system is a tremendous success of the past half century, and has contributed greatly to the world s unprecedented rate of economic growth. Over the past two decades however, preferential trading arrangements have proliferated, raising questions as to how compatible they are with the open multilateral system, and what policies might be adopted to improve outcomes. The essays in this volume detail the emergence of PTAS and provide comprehensive and up-to-date analyses of the state of play of preferential arrangements in all regions of the world. The volume will provide a useful reference for all those wanting to understand existing preferential arrangements and their role in the international economy today. Anne O. Krueger, Johns Hopkins University and Stanford University, US Economic integration is a complex and multifaceted giant, with a myriad aspects ranging from regional and global concentration and dispersal of economic activity to social and political consequences for individuals and communities in developed and developing countries alike. This landmark, three volume collection of chapters by leading authors, drawn from many fields, is a worthy and timely contribution to the analysis of a phenomenon with profound implications for the future world economy - and its governance. James Zhan, Director, Investment & Enterprise Division, UNCTAD With this Handbook, Miroslav Jovanovi has provided readers with both an excellent stand-alone original reference book as well as the first volume in a comprehensive three-volume set. This introduction into a rich and expanding academic and practical world of international economic integration also provides a theoretical and analytical framework to the reader, presenting select analytical studies and encouraging further research. International Handbook on the Economics of Integration, Volume I covers two broad themes: general integration issues and regional integration groups. The first part discusses topics that range from an overview of the regional integration deals registered with the World Trade Organization, to multilateralism and regionalism, hub-and-spoke integration networks, limits to integration, rules of origin, and globalization. The second part of the Han
Economic Integration in the Maghreb by Mr.Jean-Francois Dauphin Pdf
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.
European Yearbook of International Economic Law 2010 by Christoph Herrmann,Jörg Philipp Terhechte Pdf
The first volume of the new Yearbook tries to catch the broadness of contemporary International Economic Law. In part I, it brings together articles on a variety of subjects, reaching from exchange rate manipulation and financial market supervision over international investment law including the growing investment protectionism to recent developments of the external economic constitution of the European Union and the relationship between climate change and International Economic Law. Part II covers the major regional economic integration developments around the globe, analysed in different articles covering the different regions. Part III informs about recent activities in some of the major global economic institutions.