A structural change analysis of EU-Moroccan trade liberalisation and economic development between 1995 and 2010
Bibliographic Data
| ID | 3978948 |
|---|---|
| Authors | Fawaz Yusuf (University of Cambridge, corresponding author) |
| Year | 2014 |
| Volume | 19 |
| Issue | 3 |
| Pages | 413-432 |
| Publication date | 2014-05-27 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Journal of North African Studies (JOURNAL) |
| Journal identifiers | ISSN: 1362-9387 • E-ISSN: 1743-9345 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/13629387.2014.897620 |
| OpenAlex | W2130018817 |
| Language | EN |
| Citations received | 2 |
| References cited | 21 |
In November 1995, the European Community launched the Barcelona Process, a comprehensive and multifaceted initiative aimed at strengthening political, economic, and social relations between the Community and neighbouring Southern Mediterranean States (MS). One of the initiatives introduced under the umbrella of this Process is the Euro-Mediterranean Partnership. Central to this Partnership is the creation of free trade agreements between the Community (and later the European Union) and each MS, and similar agreements between the MS themselves over the long term, in order to foster prosperity and engender socioeconomic development in the MS. This paper looks at one MS, Morocco, and refers to structural change theory in order to present a case that trade liberalisation is not the most appropriate strategy to help Morocco develop and attain better living standards. Specifically, trade liberalisation would inhibit Morocco's ability to diversify production and industrialise, which is a prerequisite to a successful developmental transition. The paper makes use of an international trade model to provide a theoretical explanation as to why liberalisation would encourage Morocco to specialise in producing and exporting agricultural products and light manufactures, both of which are unlikely to reap a substantial added economic value. This would prevent the Kingdom from attaining higher income levels and enhancing the living standards of its people
Business · Economic growth · Economic partnership agreement · Economics · European union · Free trade · General partnership · International economics · International trade · Liberalization · Market economy · Order (exchange · Prosperity · Global Financial Crisis and Policies · Global trade and economics · International Development and Aid
Trade, Poverty and the Environment
Politics and Post-Colonial Theory
Imperial power Europe? The EU’s relations with the ACP countries
The UfM and Development Prospects in the Mediterranean
The Social Impact of Euro-Mediterranean Free Trade Areas
Normative Power Europe and the Moral Economy of Africa–EU Ties
Normative Power Europe? Economic Partnership Agreements and Africa
Relevance of Structuralist and Dependency Theories in the Neoliberal Period
Brief History of Neoliberalism
Governing the Market
The Political Economy of Morocco
Economic Development
| Citations per year | 0.4 |
|---|---|
| Citation span | 2021 - 2026 (6) |
| Highly cited | No |