Deeper Integration and Trade in Services in the Euro-Mediterranean Region : Southern Dimensions of the European Neighborhood Policy

Deeper economic integration with the enlarged European Union - which accounts for a quarter of global GDP and foreign direct investment - could become a main driver for economic development in the southern Mediterranean countries. The planned Euro-...

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Bibliographic Details
Main Author:	Müller-Jentsch, Daniel
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2012
Subjects:	AGREEMENT ON TRADE AGRICULTURAL MARKETS AGRICULTURAL PRODUCTS AGRICULTURE APPAREL BORDER POLICIES BUSINESS ENVIRONMENT BUSINESS SERVICES CAPITAL FLOWS CAPITAL MARKETS COMMERCIAL PRESENCE COMMON MARKET COMPARATIVE ADVANTAGE COMPETITION POLICIES COMPETITION POLICY COMPETITIVE POSITION COMPETITIVENESS COMPLIANCE COSTS CONSUMPTION ABROAD CROSS-BORDER SUPPLY CUSTOMS CUSTOMS AUTHORITIES CUSTOMS PROCEDURES CUSTOMS UNION DISPUTE SETTLEMENT DISPUTE SETTLEMENT MECHANISMS DISTRIBUTION SERVICES DOHA DEVELOPMENT AGENDA DOMESTIC REFORMS DOMESTIC REGULATION ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC IMPLICATIONS ECONOMIC INTEGRATION ECONOMIC RESEARCH ECONOMIC STAGNATION ECONOMISTS EMPLOYMENT EXPORTS FINANCIAL ASSISTANCE FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SERVICES FOREIGN BANK FOREIGN DIRECT INVESTMENT FOREIGN ENTRY FOREIGN INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AREA FULL LIBERALIZATION GATS GDP GEOGRAPHIC PROXIMITY GLOBAL COMPETITION GLOBAL ECONOMY GLOBAL INTEGRATION GLOBAL MARKETS GLOBAL PRODUCTION GNP GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH POTENTIAL GROWTH RATE GROWTH RATES HARMONIZATION IMPORT COMPETITION IMPORTS INDUSTRY TRADE INSURANCE INTEGRATION EFFORTS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL COMPETITIVENESS INTERNATIONAL PRODUCTION INVESTMENT CLIMATE KNOWLEDGE ECONOMY KNOWLEDGE SPILLOVERS LEGAL STATUS LIBERALIZATION OF TRADE LIBERALIZATION OF TRADE IN GOODS LIVING STANDARDS MARKET ACCESS MEMBER STATE MERCHANDISE TRADE MFN MIDDLE EAST MIDDLE INCOME COUNTRIES MODES OF SUPPLY MONOPOLIES MOST-FAVORED-NATION MPS MULTILATERAL COMMITMENTS MULTILATERAL DISCIPLINES MULTILATERAL LEVEL MULTILATERAL LIBERALIZATION MULTILATERAL NEGOTIATIONS MULTILATERAL REFORMS MULTILATERAL TRADE MULTILATERAL TRADE LIBERALIZATION MUTUAL RECOGNITION MUTUAL RECOGNITION AGREEMENTS NATIONAL INCOME NATIONAL TREATMENT NEGOTIATION COSTS NEIGHBORING COUNTRIES NON-TARIFF BARRIERS NORTH AFRICA OIL OPEN REGIONALISM PER CAPITA INCOME POLICY REFORMS POLITICAL ECONOMY PREFERENTIAL MARKET ACCESS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PREFERENTIAL TRADE AGREEMENTS PRESENCE OF NATURAL PERSONS PRIVATE SECTOR PRO-COMPETITIVE REGULATION PRODUCT STANDARDS PRODUCTION COSTS PRODUCTION NETWORKS PRODUCTION PROCESS PRODUCTIVITY PROFESSIONAL QUALIFICATIONS PROFESSIONAL SERVICES PROPERTY RIGHTS PRUDENTIAL REGULATION PUBLIC PROCUREMENT PURCHASING POWER QUOTAS RATES OF PROTECTION REGIONAL AGREEMENTS REGIONAL INITIATIVES REGIONAL INTEGRATION REGIONAL INTEGRATION EFFORTS REGIONAL INTEGRATION MEASURES REGIONAL LEVEL REGIONAL LIBERALIZATION REGIONAL POLICY INITIATIVES REGULATORY CONVERGENCE RULES OF ORIGIN SCALE ECONOMIES SERVICE DELIVERY SERVICE SUPPLIERS SERVICES SERVICES LIBERALIZATION SERVICES SECTOR SERVICES SECTORS SERVICES TRADE TARIFF BARRIER TARIFF BARRIERS TECHNICAL ASSISTANCE TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TOURISM SERVICES TRADE TRADE AGREEMENT TRADE BARRIERS TRADE CONCESSIONS TRADE DIVERSION TRADE HARMONIZATION TRADE IN SERVICES TRADE INTEGRATION TRADE NEGOTIATIONS TRADE PROTECTION TRADE REFORMS TRADE RESTRICTION TRANSPARENCY TRANSPORT SERVICES URUGUAY ROUND VALUE ADDED WAGES WELFARE GAINS WORLD MARKET
Online Access:	http://documents.worldbank.org/curated/en/2005/01/5874190/deeper-integration-trade-services-euro-mediterranean-region-southern-dimensions-european-neighborhood-policy http://hdl.handle.net/10986/7335

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Summary:	Deeper economic integration with the enlarged European Union - which accounts for a quarter of global GDP and foreign direct investment - could become a main driver for economic development in the southern Mediterranean countries. The planned Euro-Mediterranean free trade area for goods is a first step into that direction, but additional measures are needed. Especially the liberalization of services trade and the comprehensive domestic reforms this entails would strengthen the linkages with global and European markets. This study analyzes the adjustment needs and policy options associated with deeper integration between the two sides of the Mediterranean Sea. It puts specific emphasis on the dynamics of deeper integration at the company level and their respective policy implications. Besides a general discussion of deeper integration and trade in services liberalization, the study contains detailed assessments of individual sectors - especially the backbone services (e.g. transport, telecommunications, financial markets, electricity) and other sectors of relevance for deeper integration (tourism, IT-enabled services, distribution services). Even though the focus is on regional integration, multilateral liberalization issues are factored into the analysis (e.g. the GATS, the WTO Doha Round) and options for the pursuit of an "open regionalism" are explore.

Deeper Integration and Trade in Services in the Euro-Mediterranean Region : Southern Dimensions of the European Neighborhood Policy

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