Economic Integration in the Maghreb An Untapped Source of Growth

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...

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Bibliographic Details
Main Author: Kireyev, Alexei
Other Authors: Al Amine, Ramzy, Auclair, Allan, Cai, Yufei
Format: eBook
Language:Arabic
Published: Washington, D.C. International Monetary Fund 2019
Series:Departmental Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:48 pages
ISBN:9781484389843