Publications

The Euro-Mediterranean Network for Economic Studies (EMNES) 2019 Newsletter presents the new publications of the Network, as well as the organised events and the participations of EMNES members to major academic events.

The objective of this policy brief is to examine the status of global value chains (GVCs) on the two shores of the Mediterranean and provide some insights on how to enhance regional integration. We argue that GVCs will help firms improve their productivity, that SMEs will become more sustainable and generally diversify exports from the region. To achieve this, addressing non-tariff measures, boosting the business environment and improving blue-collar workers skills are all essential.

This paper explores the problem of institutional failure in the Southern Mediterranean Partner Countries (SMPC). After reviewing the most recent empirical research on the effect that institutions have on economic performance, including research done in the framework of EMNES, the paper identifies two types of institutional failure pervasive in the region. It concludes with the recommendation that while Type I failure could be remedied by piecemeal institutional reforms, the more pernicious Type II failure is not likely to be corrected without a structural transformation of the balance of political power in the affected country.