Regional integration in the Euro-Mediterranean
Several decades of Euro-Mediterranean cooperation did not translate into any substantial advancement in regional integration excepted some progress in trade liberalisation, nonetheless limited both in depth – tariff waiving without further harmonization – and in scope – not all sectors covered. It is not surprising that under these conditions, also considering the negative implications of the Great Recession and widespread instability in the aftermath of the Arab uprisings, economic catch-up between poorer and richer countries in the Euro-Mediterranean region did not materialise.
Trade in Goods and Services and Its Effect on Economic Growth –The Case of Jordan. Applied Econometrics and International Development
The paper aims at empirically investigating the specific growth contribution of the trade in goods and services in Jordan for the period 1980-2014. The model is estimated using the Fully Modified Ordinary Least Squares approach. Among the results, it emerges that trade in goods has a negative effect on GDP in Jordan, whereas trade in services positively affects economic performance.
5+5 Dialogue a mechanism of regional integration and cooperation
This paper looks into the integration patterns between the 5+5 countries by assessing the most recent evolutions of investment, trade and employment in the region to highlight such challenges and formulates recommendations to pave the way for dialogue and cooperation conducive to tangible results on which to build a new momentum for integration in the region.
