Promoting Development and Stability through a Euro-Mediterranean Free Trade Zone?
THIS PAPER WILL OUTLINE AND DISCUSS THE MAJOR ECONOMIC FEATURES OF THE EURO-MEDITERRANEAN PARTNERSHIP PROGRAM AS LAUNCHED IN BARCELONA IN 1995. THE OPTIMISTIC VIEW OF THE EUROPEAN UNION (EU) REGARDING THE DEVELOPMENTAL IMPACT OF A EURO-MEDITERRANEAN FREE TRADE ZONE WILL BE QUESTIONED. MAJOR PROBLEMS...
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Veröffentlicht in: | European foreign affairs review 1999, Vol.4 (4), p.501-518 |
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description | THIS PAPER WILL OUTLINE AND DISCUSS THE MAJOR ECONOMIC FEATURES OF THE EURO-MEDITERRANEAN PARTNERSHIP PROGRAM AS LAUNCHED IN BARCELONA IN 1995. THE OPTIMISTIC VIEW OF THE EUROPEAN UNION (EU) REGARDING THE DEVELOPMENTAL IMPACT OF A EURO-MEDITERRANEAN FREE TRADE ZONE WILL BE QUESTIONED. MAJOR PROBLEMS WILL ARISE IN THE MEDITERRANEAN COUNTRIES DUE TO STRONG COMPETITIVE PRESSURE, GROWING TRADE DEFICITS, SUBSTANTIAL REVENUE LOSSES AND THE POSSIBILITY OF REDUCED, RATHER THAN, INCREASED INFLOWS OF FOREIGN DIRECT INVESTMENTS. FINALLY IT IS ARGUED THAT THE POLICY OF THE EU CREATES OBSTACLES TOWARD REGIONAL ECONOMIC INTEGRATION AND COULD PROVOKE THE RADICAL TYPE OF ANTI-EUROPEAN OPPOSITION WHICH IT WAS ESTABLISHED TO PREVENT. |
doi_str_mv | 10.54648/eerr1999048 |
format | Article |
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source | Worldwide Political Science Abstracts; Kluwer Law International |
subjects | CONTEMPORARY EUROPE Economic development Economic integration Economic stability Europe EUROPEAN COMMUNITY AFTER 1993 European Union FOR PRE-SEVENTH CENTURY SEE MEDIT-7 Free trade INTERNATIONAL COOPERATION INTERNATIONAL TRADE MEDITERRANEAN AREA SINCE THE SEVENTH CENTURY Mediterranean Region Regional integration REGULATION & REGULATORY POLICY |
title | Promoting Development and Stability through a Euro-Mediterranean Free Trade Zone? |
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