Maghreb Regional and Global Integration
A Dream to be Fulfilled
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- Book details for Maghreb Regional and Global Integration
- Gary Clyde Hufbauer (editor), Claire Brunel (editor)
- Paperback, 226 x 150 x 15mm , 114 pp, Illustrations
- 15 Dec 2008
- The Peterson Institute for International Economics
- 0881324264
- 9780881324266
Working toward political stability by combating increased levels of terrorist activity, the Maghreb countries - Morocco, Algeria, Tunisia, Mauritania, and Libya - have shifted efforts away from executing full-fledged economic reform. At the same time, recently implemented economic reforms fall short of bolstering lack-luster performance and easing political tension among neighbours. 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 present 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" proposes achievable strategies to meet the current challenges and improve economic efficiency. This study utilizes two distinct econometric tools to assess four key sectors - energy, banking and insurance, transport, and agribusiness - and outlines sector-specific recommendations. This volume 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.
1 Introduction; 2 Political economy; 3 Regional integration; 4 Comparison with other regional initiatives; 5 Maghreb trade and investment; 6 Gravity model analysis; 7 CGE model analysis; 8 Introduction to the sector studies; 9 Energy sector study; 10 Banking and insurance sector study; 11 Transport sector study; 12 Food processing sector study; 13 Recommendations to revive regional integration.





