The Euro–Maghreb Economic Partnership
Trade and Investment Issues
Bibliographic Data
| ID | 12736797 |
|---|---|
| Authors | Ahmed Aghrout (0000-0002-3873-6799, University of Salford, corresponding author) |
| Year | 2009 |
| Volume | 17 |
| Issue | 3 |
| Pages | 353-367 |
| Publication date | 2009-12-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Contemporary European Studies (JOURNAL) |
| Journal identifiers | ISSN: 1478-2790 • E-ISSN: 1478-2804 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/14782800903339321 |
| OpenAlex | W2065996282 |
| Language | EN |
| References cited | 6 |
This article reviews some of the economic effects of the Euro–Mediterranean Partnership (EMP) on the Maghreb countries (Algeria, Morocco and Tunisia). At different periods of time, these countries concluded a new generation of agreements with the European Union, resembling a hub-and-spoke network of bilateral arrangements. For the most part, they entail the formation of free trade areas. Thus, in addition to the objective of facilitating and enhancing trade ties, those agreements were also expected to boost investment opportunities from the EU, especially through the flow of foreign direct investment (FDI) into the Maghreb region. Several years have elapsed since the inception of these agreements which, if they have to a certain degree offered a hedge against the loss of access to an evolving and enlarging European market, have yet to fulfil their original expectations. Whilst there are variations in the agreements' impact on the individual countries, the economic record—examined with respect to two key economic indicators, trade and FDI—can only be equated with very limited success. Far from rendering a more complete and final verdict on these agreements, the article argues that the EU's primary focus on preserving its geopolitical and geo-economic interests has to some degree prevailed over those shared interests that the agreements had initially intended to promote
Business · Customs union · Economic integration · Economic partnership agreement · Economics · European union · Foreign direct investment · Free trade · General partnership · Geography · Geopolitics · International economics · International free trade agreement · International trade · Investment (military · Market access · Political science · Politics · Single market · Global Financial Crisis and Policies · Finance
| Highly cited | No |
|---|