Deeper Integration And Trade In Services In The Euro Mediterranean Region
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Deeper Integration And Trade In Services In The Euro Mediterranean Region
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Author : Daniel Müller-Jentsch
language : en
Publisher: World Bank Publications
Release Date : 2005
Deeper Integration And Trade In Services In The Euro Mediterranean Region written by Daniel Müller-Jentsch and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
This publication examines the importance of trade in services for the integration of non-EU members into the European Single Market. Further liberalisation is found to be a critical factor to deeper integration with the enlarged EU, which accounts for a quarter of global GDP and foreign direct investment. The planned Euro-Mediterranean free trade area for goods is judged as a positive first step, but additional measures are needed for deeper integration, including liberalisation of services trade. The study gives a detailed assessment of individual sectors, including core services relating to transport, telecommunication, financial markets and electricity, as well other markets such as tourism, IT and distribution services.
Deep Integration Nondiscrimination And Euro Mediterranean Free Trade
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Author : Bernard M. Hoekman
language : en
Publisher: World Bank Publications
Release Date : 1999
Deep Integration Nondiscrimination And Euro Mediterranean Free Trade written by Bernard M. Hoekman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Bilateral Free Trade Agreement categories.
Abstract: May 1999 - Preferential trade agreements that are limited to the elimination of tariffs for merchandise trade flows are of limited value at best and may be as easily welfare-reducing as welfare-enhancing. It is important that preferential trade agreements go beyond eliminating tariffs and quotas to eliminating regulatory and red tape costs and opening up service markets to foreign competition. Deep integration-explicit government actions to reduce the market-segmenting effect of domestic regulatory policies through coordination and cooperation-is becoming a major dimension of some regional integration agreements, led by the European Union. Health and safety regulations, competition laws, licensing and certification regimes, and administrative procedures such as customs clearance can affect trade (in ways analogous to nontariff barriers) even though their underlying intent may not be to discriminate against foreign suppliers of goods and services. Whether preferential trade agreements (PTAs) can be justified in a multilateral trading system depends on the extent to which formal intergovernmental agreements are technically necessary to achieve the deep integration needed to make markets more contestable. The more need for formal cooperation, the stronger the case for regional integration. Whether PTAs are justified regionally also depends on whether efforts to reduce market segmentation are applied on a nondiscriminatory basis. If innovations to reduce transaction or market access costs extend to both members and nonmembers of a PTA, regionalism as an instrument of trade and investment becomes more attractive. Using a standard competitive general equilibrium model of the Egyptian economy, Hoekman and Konan find that the static welfare impact of a deep free trade agreement is far greater than the impact that can be expected from a classic shallow agreement. Under some scenarios, welfare may increase by more than 10 percent of GDP, compared with close to zero under a shallow agreement. Given Egypt's highly diversified trading patterns, a shallow PTA with the European Union could be merely diversionary, leading to a small decline in welfare. Egypt already has duty-free access to the European Union for manufactures, so the loss in tariff revenues incurred would outweigh any new trade created. Large gains in welfare from the PTA are conditional on eliminating regulatory barriers and red tape-in which case welfare gains may be substantial: 4 to 20 percent growth in real GNP. This paper-a product of the Development Research Group-is part of a larger effort in the group to analyze regional integration agreements. The authors may be contacted at bhoekman@@worldbank.org or konan@@hawaii.edu.
Impact Of European Union Assocation Agreements On Mediterranean Countries
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Author : Mr.Henri C. Ghesquière
language : en
Publisher: International Monetary Fund
Release Date : 1998-08-01
Impact Of European Union Assocation Agreements On Mediterranean Countries written by Mr.Henri C. Ghesquière and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-08-01 with Business & Economics categories.
By establishing free trade for industrial products in 12 years, the European Union’s Association Agreements with countries in the Mediterranean region seek to promote accelerated economic growth. This paper reviews the literature and evaluates the economic benefits and costs for Tunisia, Morocco, Lebanon, Egypt, and Jordan. It concludes that the benefits could be substantial, but only if accompanied by deep supplementary reforms, including extending trade liberalization to services and agriculture and on a multilateral basis, improving the environment for foreign direct investment, ensuring an adequate fiscal and exchange rate policy response, and strengthening European Union assistance.
Regional Integration In The Union For The Mediterranean Progress Report
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2021-05-27
Regional Integration In The Union For The Mediterranean Progress Report written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-27 with categories.
Regional Integration in the Union for the Mediterranean: Progress Report monitors major trends and evolutions of integration in the Euro-Mediterranean region. The Report examines five domains of regional integration, namely trade integration, financial integration, infrastructure integration, movement of people, as well as research and higher education.
Development Centre Seminars Towards Arab And Euro Med Regional Integration
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2001-12-05
Development Centre Seminars Towards Arab And Euro Med Regional Integration written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-12-05 with categories.
This book examines the dynamics of open regionalism, the expansion of domestic markets from increased FDI and monetary stability, and the optimal mix of regional trade agreements.
Europe And The Mediterranean Economy
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Author : Joan Costa-i-Font
language : en
Publisher: Routledge
Release Date : 2012
Europe And The Mediterranean Economy written by Joan Costa-i-Font and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Economics categories.
With the creation of the Mediterranean partnership and the recent move towards the creation of the Union for the Mediterranean in 2008, a new emphasis is placed on the Mediterranean in the study of European Integration. This book brings together a collection of experts to address this important new area of study and discuss issues such as development, aid, labour, markets, human capital investment, Europeanization and institutional reform.
Development Centre Studies Regional Integration And Internal Reforms In The Mediterranean Area
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Author : Dessus Sébastien
language : en
Publisher: OECD Publishing
Release Date : 2000-07-21
Development Centre Studies Regional Integration And Internal Reforms In The Mediterranean Area written by Dessus Sébastien and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-07-21 with categories.
The authors of this study highlight the opportunities trade liberaliastion agreements offer for supporting reforms to encourage industrial restructuring through financial transfers, providing incentives for producers to diversify, and securing new markets.
Deep Integration Nondiscrimination And Euro Mediterranean Free Trade
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Author : Bernard Hoekman
language : en
Publisher:
Release Date : 2016
Deep Integration Nondiscrimination And Euro Mediterranean Free Trade written by Bernard Hoekman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Regionalism Multilateralism And Economic Integration
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Author : Gary P. Sampson
language : en
Publisher: UNU
Release Date : 2003
Regionalism Multilateralism And Economic Integration written by Gary P. Sampson and has been published by UNU this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
This publication considers whether regional trade agreements have led to a new form of economic co-operation, by promoting deeper integration in the regulatory structures of participating countries. An examination of recent experiences are found to show that, although there is no single model for deeper integration, regional trade agreements have generally more effective than more remote WTO procedures in facilitating trade and improving transparency. Regional processes and rules are found to have been consistent with the multilateral obligations of each party, with additional commitments in the regional agreements complementing WTO rules.
The Prospect Of Deep Free Trade Between The European Union And Ukraine
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Author : Michael Emerson
language : en
Publisher: CEPS
Release Date : 2006
The Prospect Of Deep Free Trade Between The European Union And Ukraine written by Michael Emerson and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
This book examines the feasibility, content and likely economic impact of a free trade agreement between the European Union and Ukraine. The authors find that a simple and shallow free trade agreement, adding only the elimination of tariffs on trade in goods to the conditions for Ukraine's accession to the WTO, is the most easily feasible option, but would yield only modest benefits for Ukraine and less still for the EU. By contrast, they argue that a deep free trade agreement with the EU, while posing more difficult issues of feasibility, could be a centerpiece of an economic strategy leading Ukraine into rapid growth. Politically, this step would be consistent with Ukraine's European choice and would also be of value to the EU economy in meeting the challenges of globalization and Asian competition. Contributors include T. Huw Edwards (Loughborough University), Ildar Gazizullin, Vira Nanivska, and Olga Shumylo (International Centre for Policy Studies, Kyiv), Daniel Müller-Jentsch (European Commission/World Bank Office for South-East Europe), Matthias Lücke (Kiel Institute for the World Economy), Valeriy Pyatnytskiy (First Deputy Minister of Economy and European Integration, Ukraine), Andreas Schneider (CEPS), Rainer Schweickert (Kiel Institute for the World Economy), and Olexandr Shevtsov (United Nations Development Program, Ukraine).