Is There a New Vision for Maghreb Economic Integation? Volume 1. Main Report

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collection.link.214
https://openknowledge.worldbank.org/handle/10986/11872
collection.name.214
Policy Notes
dc.contributor.author
World Bank
dc.date.accessioned
2014-08-25T14:49:36Z
dc.date.available
2014-08-25T14:49:36Z
dc.date.issued
2006-11
dc.date.lastModified
2017-12-14T04:39:39Z
dc.description.abstract
This report on the new vision for Magreb economic integration argues that assessing the benefits from regional integration can best be done in the context of the broader issues of economic integration in the world economy and more specifically with the main trading partner, the European Union. Based on empirical evidence the paper finds that there is limited potential for intraregional merchandise trade integration in the Maghreb. The report also alerts that benefits from deeper economic integration are no means automatic. Several worldwide studies have argued that weaknesses in the investment climate not only hinder a country's imports and inward foreign direct investment, they also deter exports from enterprises operating in the domestic economy (World Bank, 2005). Service liberalization requires complementary policies and effective regulation, ranging from prudential regulation to pro-competitive regulation in telecommunications. The concluding message emerging from the analysis is that a strategy focusing on service sector and investment climate reforms aimed at facilitating market competition and contestability would improve growth, trade and investment performance in the Maghreb, bringing greater economic gains than would be derived from merchandise trade liberalization alone. The report is structured as follows. The first chapter examines the prospects of regional integration based on merchandise trade liberalization. It does so by performing a detailed quantitative analysis of Maghreb's trade and investment patterns and performance. The chapter also assesses Maghreb countries' trade and investment potential, drawing on panel trade and investment gravity models. The second chapter identifies policy barriers, relative performance and progress made by Maghreb countries in investment climate and service sector policy reforms. To allow for cross-country comparability, the report draws on the methodology developed by the European Central Bank for Reconstruction and Development (EBRD) to construct policy reform indexes for the Maghreb countries. The third chapter aims at estimating the economic gains from deeper and wider integration. The final section of the report summarizes the main conclusions and policy implications drawn from the analysis.
en
dc.identifier
http://documents.worldbank.org/curated/en/2006/11/7410459/new-vision-maghreb-economic-integation-vol-1-2-main-report
dc.identifier.uri
http://hdl.handle.net/10986/19630
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCESSION AGREEMENTS
dc.subject
AGRICULTURE
dc.subject
AIR TRANSPORT
dc.subject
APPAREL
dc.subject
APPLIED TARIFF
dc.subject
BARRIERS TO ENTRY
dc.subject
BILATERAL TRADE
dc.subject
BILATERAL TRADE AGREEMENT
dc.subject
BILATERAL TRADE AGREEMENTS
dc.subject
BORDER BARRIERS
dc.subject
CAPITAL MARKET
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
COMPETITION POLICY
dc.subject
COMPETITIVENESS
dc.subject
CONSUMERS
dc.subject
CUSTOMS
dc.subject
CUSTOMS CLEARANCE
dc.subject
DEREGULATION
dc.subject
DISPUTE SETTLEMENT
dc.subject
DISPUTE SETTLEMENT MECHANISMS
dc.subject
DIVERSIFIED EXPORTS
dc.subject
DOMESTIC DISTORTIONS
dc.subject
DOMESTIC MARKET
dc.subject
DOMESTIC POLICY REFORMS
dc.subject
DOMESTIC REFORMS
dc.subject
DOMESTIC REGULATORY POLICIES
dc.subject
DOMESTIC STANDARDS
dc.subject
EAST EUROPE
dc.subject
ECONOMIC EFFICIENCY
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC INTEGRATION
dc.subject
ECONOMIES OF SCALE
dc.subject
EUROPEAN UNION
dc.subject
EXCHANGE RATE
dc.subject
EXPORT DIVERSIFICATION
dc.subject
EXPORT DYNAMISM
dc.subject
EXPORT EXPANSION
dc.subject
EXPORT GROWTH
dc.subject
EXPORT PERFORMANCE
dc.subject
EXPORT PRODUCTS
dc.subject
EXPORT SPECIALIZATION
dc.subject
EXPORT VALUE
dc.subject
EXPORTERS
dc.subject
EXPORTS
dc.subject
EXTERNAL MARKETS
dc.subject
EXTERNAL TARIFFS
dc.subject
FINANCIAL SECTOR
dc.subject
FINANCIAL SECTORS
dc.subject
FINANCIAL SERVICES
dc.subject
FOREIGN DIRECT INVESTMENT
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN FIRMS
dc.subject
FOREIGN INVESTMENT
dc.subject
FOREIGN INVESTORS
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GLOBAL COMPETITION
dc.subject
GLOBAL ECONOMY
dc.subject
GLOBAL INTEGRATION
dc.subject
GLOBAL MARKETS
dc.subject
GLOBAL PRODUCTION
dc.subject
GLOBAL PRODUCTION CHAINS
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
HARMONIZATION
dc.subject
IMPORT COMPETITION
dc.subject
IMPORT TARIFFS
dc.subject
IMPORTS
dc.subject
INCOME
dc.subject
INCOME GROWTH
dc.subject
INCOME LEVELS
dc.subject
INDUSTRY TRADE
dc.subject
INPUT-OUTPUT TABLES
dc.subject
INTEGRATION EFFORTS
dc.subject
INTERNATIONAL COMPETITIVENESS
dc.subject
INTRAREGIONAL TRADE
dc.subject
INVESTMENT CLIMATE
dc.subject
KNOWLEDGE SPILLOVERS
dc.subject
LABOR FORCE
dc.subject
LOW TRADE
dc.subject
MACROECONOMIC CONDITIONS
dc.subject
MARGINAL IMPACT
dc.subject
MARKET ENLARGEMENT
dc.subject
MARKET INTEGRATION
dc.subject
MARKET SHARE
dc.subject
MARKET SIZE
dc.subject
MARKET-SEGMENTING EFFECT
dc.subject
MEMBER COUNTRIES
dc.subject
MERCHANDISE TRADE
dc.subject
MFN TARIFFS
dc.subject
MIDDLE EAST
dc.subject
MULTILATERAL COMMITMENTS
dc.subject
MULTILATERAL NEGOTIATIONS
dc.subject
MULTINATIONAL ENTERPRISES
dc.subject
NATIONAL MARKETS
dc.subject
NON-TARIFF BARRIERS
dc.subject
NORTH AFRICA
dc.subject
OPEN REGIONALISM
dc.subject
PER CAPITA INCOME
dc.subject
PER CAPITA INCOMES
dc.subject
POLICY BARRIERS
dc.subject
POLICY REFORMS
dc.subject
POLITICAL ECONOMY
dc.subject
PORT CHARGES
dc.subject
PRICE LIBERALIZATION
dc.subject
PRIVATE INVESTMENT
dc.subject
PRIVATE SECTOR
dc.subject
PRODUCTION COSTS
dc.subject
PROTECTIONISM
dc.subject
PRUDENTIAL REGULATION
dc.subject
QUANTITATIVE RESTRICTIONS
dc.subject
REAL GDP
dc.subject
REGIONAL BLOCS
dc.subject
REGIONAL COOPERATION
dc.subject
REGIONAL INTEGRATION
dc.subject
REGIONAL INTEGRATION EFFORTS
dc.subject
REGIONAL MARKET
dc.subject
REGIONAL MARKETS
dc.subject
REGIONAL TRADE
dc.subject
REGIONAL TRADE AGREEMENT
dc.subject
REGIONAL TRADING ARRANGEMENTS
dc.subject
REGRESSION ANALYSIS
dc.subject
REGULATORY COOPERATION
dc.subject
REGULATORY FRAMEWORK
dc.subject
REGULATORY FRAMEWORKS
dc.subject
REGULATORY POLICIES
dc.subject
REGULATORY REFORMS
dc.subject
REMOVAL OF TRADE BARRIERS
dc.subject
REMOVING BARRIERS
dc.subject
SCALE ECONOMIES
dc.subject
SHALLOW INTEGRATION
dc.subject
SPECIALIZATION
dc.subject
TARIFF BARRIERS
dc.subject
TARIFF RATES
dc.subject
TELECOMMUNICATIONS
dc.subject
TOURISM
dc.subject
TRADE BARRIERS
dc.subject
TRADE DIVERSION
dc.subject
TRADE EXPANSION
dc.subject
TRADE IN GOODS
dc.subject
TRADE IN SERVICES
dc.subject
TRADE INTEGRATION
dc.subject
TRADE INTENSITY
dc.subject
TRADE LIBERALIZATION
dc.subject
TRADE PERFORMANCE
dc.subject
TRADE POLICY
dc.subject
TRADE POLICY REFORMS
dc.subject
TRADING BLOCS
dc.subject
TRADING PARTNER
dc.subject
TRADING PARTNERS
dc.subject
TRANSACTION COSTS
dc.subject
TRANSPORT COSTS
dc.subject
TRANSPORT SERVICES
dc.subject
UNEMPLOYMENT
dc.subject
UNSKILLED LABOR
dc.subject
WORLD ECONOMY
dc.subject
WORLD TRADE
dc.subject
WTO
dc.title
Is There a New Vision for Maghreb Economic Integation? Volume 1. Main Report
en
dc.title.alternative
Une nouvelle vision pour l'integration economique du Maghreb : rapport principal
en
okr.doctype
Economic & Sector Work :: Policy Note
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2006/11/7410459/new-vision-maghreb-economic-integation-vol-1-2-main-report
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Governance
okr.globalpractice
Trade and Competitiveness
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000112742_20070222164834
okr.identifier.internaldocumentum
7410459
okr.identifier.report
38359
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/02/22/000112742_20070222164834/Rendered/PDF/383590v10MAGHREBREPORTVOL1FEBRUARY2007.pdf
en
okr.region.administrative
Middle East and North Africa
okr.sector
Industry and trade :: Other domestic and international trade
okr.sector
Industry and trade :: General industry and trade sector
okr.topic
International Economics and Trade :: Trade and Regional Integration
okr.topic
International Economics and Trade :: Trade Policy
okr.topic
Economic Theory and Research
okr.topic
Law and Development :: Trade Law
okr.topic
International Economics and Trade :: Free Trade
okr.topic
Macroeconomics and Economic Growth
okr.unit
Social & Economic Development Gp (MNSED)
okr.volume
1 of 2

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