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Economic integration in the Maghreb - an untapped source of growth (Paperback)
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Economic integration in the Maghreb - an untapped source of growth (Paperback)
Series: Departmental paper, No. 19/01
Expected to ship within 12 - 17 working days
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Individual countries of the Maghreb have achieved substantial
progress on trade, but, as a region they remain the least
integrated in the world. The share of intraregional trade is less
than 5 percent of their total trade, substantially lower than in
all other regional trading blocs around the world. Geopolitical
considerations and restrictive economic policies have stifled
regional integration. Economic policies have been guided by
country-level considerations, with little attention to the region,
and are not coordinated. Restrictions on trade and capital flows
remain substantial and constrain regional integration for the
private sector.
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