January 1996 The option of a Euro-Mediterranean Agreement gives the Mediterranean countries a unique opportunity to credibly pursue far-reaching trade liberalization gradually. Further unilateral efforts will be required to ensure that Mediterranean countries gain. Liberalization of foreign direct investment and the service sector are essential to ensure a supply...

This paper discusses opportunities for trade policy research to contribute more to efforts to integrate African markets, a stated policy priority for African leaders. Much of the economic research in this area has sought to quantify aggregate trade costs and the potential welfare impacts of reducing such costs, including through regional integration. This is import...