Europe and its institutional epiphany, initially the European Economic Community and now the European Union, have a long record of relationship with the Mediterranean area. The EU has a vital interest in maintaining stable and peaceful relations with this region, where daunting challenges are at work, not only for trade and financial flows, but also in a number of strategic fields, ranging from those of overall stability and security in face of multifaceted tensions, to those of environment, migrations and energy security. That is why the EU since the early 1960s has been supporting regional comprehensive cooperation and integration schemes, the last of which has been the Barcelona Process launched in 1995 with the aim to establish a Euro-Mediterranean cooperation with three distinct chapters on political and security issues, on economic and financial partnership and on social, cultural and human rights. In addition recently the EU has also started the European Neighbourhood Policy, which extends to a number of Southern and Eastern Mediterranean countries. This book aims at describing and analyzing in critical terms the state of affairs at the beginning of the 21st century, together with the possible evolution, of the Euro-Mediterranean relationships from two main standpoints: on the one hand that of the political and strategic challenges with which the EU and the countries of the area are confronted, and on the other that of the economic links shaping the network of trade and financial relations taking place along the North-South dimension. All that taking into account the recent EU enlargement towards both East and South, and the whole set of constraints and opportunities referring to sustainable development in the Mediterranean basin. The papers published in this volume are the fruit of a research effort on such subjects by a network of Euro-Mediterranean universities kicked off in 2004, with a grant from the Jean Monnet Action. The network included the universities of Cyprus, Genoa, Panteion of Athens, on the one hand, and of Cairo, Istanbul, Rabat and Tunis, on the other. Coordination was provided by the Jean Monnet Centre of Excellence at the Genoa University.
Section one. Sustainable development in the mediterranean area
Mohieddine Hadhri, Environmental et développement durable en Méditerranée. Un nouveau vecteur de cooperation et de partenariat Nord/Sud
Section two. Political and securety issues
Michael J. Tsinisizelis, Dimitris K. Xenakis, Unity in Heterarchy: Security Complexity and Systemic Change in the Mediterranean
Joseph S. Joseph, The Barcelona Process and the Search for Political Stability and Security in the Mediterranean. Contents, Objectives and Achievements
Constantine Stephanou, Dimitris Xenakis, The EU's Enlargement and Euro-Mediterranean Relations
Giorgia Yiangou, European Energy Security: the Mediterranean Dimension
Section three: Cooperation and integration
Eleni Bernidaki, Barcelona Process: a Historic Change - a Historic Chance
Nabiha Maamri, Free Trade Area, Euro-Mediterranean Partnership and Prospects of South-South Integration in the Mediterranean
Section four: The general macroeconomic and social framework
Francesco Figari, General Macroeconomic Framework of the Southern and Eastern Mediterranean Countries: Social Indicators and Fiscal Policies
Franco Praussello, Links between Eurozone and Mediterranean Countries Business Cycles
Savvas A. Katsikides, The Social Dialogue and the Industrial Relations in the Mediterranean: Implications in a wider European Context
Luca Gandullia, Francesco Figari, Indirect Taxation and Budget Vulnerability in the MEDA Countries: a Note
Section five: Economic and commercial issues
Hanaa Kheir-El-Din, Ahmed F. Ghoneim, Trade Relations between the European Union and the Southern Mediterranean Countries: Prospects for Exports Based on the Enlargement of the European Union, the new Neighbourhood Policy and the Barcelona Process
Andrea Marino, Tariffs on Imports and Growth in Developing Economies: a U-Shaped Link?
Claudia Bornico, Customs Agreements between the European Union and the Mediterranean Partner Countries. A Provisional Inquiry into their Impact on Trade Flows and GDP Growth
Mafalda Marenco, Franco Praussello, The Stakes of Southern and Eastern Mediterranean Countries within the Doha Development Agenda
Section six: Foreign direct investment flows
M. Hisarciklilar, S.S. Kayam, M.O. Kayalica, N.L. Ozkale, Foreign Direct Investment and Growth in Mediterranean Countries
Marta Favara, FDI Inflows and Trade in the MENA Region: Complementary-Substitution Issues
Section seven: Local and sectorial economic issues
Lory Barile, International Trade of Textile and Clothing: the Euro-Mediterranean Area
Anna Sabadash, Sustainable Finance as a Driving Force for the SME in the MEDA Countries
Amina Zouaoui, Lahcen Oulhaj, L'analyse du secteur financier marocain dans le cadre de la politique européenne de voisinage
Teresa Casanova, Turkey: Growth in Inequity?
List of Contributors.