Technical report

EU Migration Policy in the wake of the Arab Spring: What prospects for EU-Southern Mediterranean Relations?

The outbreak of the Arab Spring and the unrest, revolution and war that followed during the course of 2011 have forced the EU to acknowledge the need to radically re-think its policy approach towards the Southern Mediterranean, including in the domain of migration.

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MEDPRO TR No 15 WP9 Carrera.pdf456.56 KB87681 day 4 hours ago
Date of publication: 
Tue, 07/08/2012
Author(s): 
Sergio Carrera, Leonhard den Hertog and Joanna Parkin
Institutions: CEPS

Manufactured Exports and FDI in Southern Mediterranean Countries: Evolution, Determinants and Prospects

This paper investigates the evolution and determinants of manufactured exports and foreign direct investment (FDI) in 11 southern Mediterranean countries over the period 1985–2009 as well as their prospects under different scenarios pertaining to the development of the determinants. The econometric analysis confirms the role of exchange rate depreciation, the openness of the economy and the quality of institutions and infrastructure in fostering manufactured exports and FDI inflows in the region.

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MEDPRO TR No 14 WP5 Sekkat.pdf575.54 KB23474 hours 41 min ago
Date of publication: 
Tue, 24/04/2012
Author(s): 
Khalid Sekkat
Institutions: FEMISE

The Role of Monetary Policies and Macroeconomic Convergence in the Development of Financial Systems in Southern Mediterranean Countries

This MEDPRO Technical Report shows that the monetary and exchange rate policies conducted by central banks in the South Mediterranean region display apparent homogeneity in their operational frameworks, albeit with some specificities and differing degrees of advancement.

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MEDPRO TR No 12 WP6 Mouley.pdf1.28 MB77909 hours 5 min ago
Date of publication: 
Tue, 10/04/2012
Author(s): 
Sami Mouley
Institutions: ITCEQ

Shallow vs. Deep Integration in the Southern Mediterranean: Scenarios for the region up to 2030

This research develops a quantitative analysis aimed at simulating the trade effects of various integration scenarios between the EU and its Mediterranean Partners (MPs). Results for shallow integration show that the completion of tariff removal is expected to produce limited gains, except in Algeria. However, further steps toward deep integration would lead to much more significant gains. In this regard, the elimination of non-tariff barriers is expected to increase EU exports to MPs up to 60%.

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MEDPRO TR 13 Ghoneim et al Shallow vs Deep Integration.pdf609.73 KB27335 hours 37 min ago
Date of publication: 
Thu, 29/03/2012
Author(s): 
Ahmed Farouk Ghoneim, Nicolas Péridy, Javier Lopez Gonzalez and Maximiliano Mendez Parra
Institutions: CASE

Challenges arising from Capital Account Liberalisation in the Countries of the South Mediterranean Region

This MEDPRO Technical Report confirms the importance of commercial openness and macroeconomic performance (i.e. the control of inflation and stability of current account balance and exchange rate) on growth dynamics in the south Mediterranean countries. In particular, the positive impact of capital account liberalisation is conditioned by the imperative reinforcement of institutional quality, country risk reduction, and government stability.

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MEDPRO TR No 11 WP6 Mouley.pdf1.02 MB43341 day 9 hours ago
Date of publication: 
Thu, 29/03/2012
Author(s): 
Sami Mouley
Institutions: ITCEQ

Carbon Market Opportunities in Southern Mediterranean Countries

To date, Southern Mediterranean countries have hosted a limited number of projects under the Clean Development Mechanism (CDM). There are three challenges to the participation of middle income countries in future carbon markets: the limited size of future demand for offsets or credits; restrictions on the use of CDM credits in Phase III of the EU Emissions Trading Scheme; and the lack of prompt preparation for the start of new market-based mechanisms. This study examines existing and emerging activities in Southern Mediterranean countries that could fit into new market based mechanisms.

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MEDPRO TR No 8 WP4b Fujiwara et al.pdf816.39 KB17011 day 16 hours ago
Date of publication: 
Mon, 19/03/2012
Author(s): 
Noriko Fujiwara, Monica Alessi and Anton Georgiev
Institutions: CEPS

Determinants of Growth and Inflation in Southern Mediterranean Countries

Despite significant economic reforms in many EU neighbouring countries in the Southern Mediterranean, their growth performance has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across Mediterranean countries, to draw lessons for the future. The main findings are that Southern Mediterranean countries should benefit from closer ties with the EU that result in higher levels of trade and FDI inflows, once the turbulence of the ‘Arab Spring’ is resolved, and from the development of financial markets and infrastructure.

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MEDPRO TR No 10 WP5 Coutinho.pdf693.04 KB480316 hours 50 min ago
Date of publication: 
Fri, 16/03/2012
Author(s): 
Leonor Coutinho
Institutions: CCEIA

The EU-Turkey Customs Union: A Model for Future Euro-Med Integration

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MEDPRO TR No 9 WP5 Togan.pdf442.83 KB42414 hours 16 min ago
Date of publication: 
Wed, 14/03/2012
Author(s): 
Sübidey Togan
Institutions: FEMISE

Algeria’s Failed Transitions to a Sustainable Polity: Coming to yet another Crossroads

Algeria is so far the only country in North Africa not to have experienced sustained mass protests calling for political change. The government in Algiers has by no means remained indifferent to the groundbreaking events in neighbouring countries, but it is responding to this sweeping wave of change at its own pace. This paper argues that, despite its apparent stability, the Algerian polity suffers from underlying currents of instability that risk undermining the long-term sustainability of the state.

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MEDPRO TR No 7 WP2 Darbouche.pdf457.53 KB14883 days 4 hours ago
Date of publication: 
Fri, 28/10/2011
Author(s): 
Hakim Darbouche
Institutions:

Syria and Lebanon: Diverging Paths of State Unsustainability

Any analysis of the prospects for stability and sustainability in the states of Syria and Lebanon reveals the strong ties that exist between these two countries and the impact of external influences on their overall development. Their trajectories, while starkly divergent in terms of the challenges confronting them at present, converge on a path of long-term unsustainability.

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MEDPRO TR No 6 WP2 Colombo.pdf249 KB223235 min 26 sec ago
Date of publication: 
Thu, 23/06/2011
Author(s): 
Silvia Colombo
Institutions: IAI