Growth, the Maghreb and the European Union: Assessing the Impact of the Free Trade Agreements on Tunisia and Morocco

John Page and John Underwood
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John Page: The World Bank
John Underwood: The World Bank

Chapter 11 in Contemporary Economic Issues, 1998, pp 207-242 from Palgrave Macmillan

Abstract: Abstract Morocco and Tunisia both signed comprehensive integration agreements with the European Union in the early 1990s. These agreements consist of two essential elements — increased aid flows and technical assistance in exchange for reductions in trade barriers and other impediments to the flow of goods and investment over a period of 12 years. The EU-Mediterranean initiative, of which these agreements form a major part, is one element of a much broader European strategy to forge trade alliances with countries on Europe’s periphery. Agreements with some 10 Eastern European countries in transition were signed in 1991, and the European Union is negotiating with Egypt and Jordan to extend its web of integration agreements to the Mashreq. These European initiatives are intended to promote more rapid convergence of incomes between Europe’s transitional and developing economy neighbours and the European Union.

Keywords: Total Factor Productivity; Foreign Investment; Real Exchange Rate; Trade Liberalization; Economic Integration (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-26723-1_11

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DOI: 10.1007/978-1-349-26723-1_11

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