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Working Paper

Economic Integration in the Maghreb

AD VALOREM AGRICULTURE AIR AIR TRANSPORT AIR TRAVEL AIRPORT AIRPORTS ALTERNATIVE ENERGY APPLICABLE LAW APPLIED TARIFF ARAB FREE TRADE AGREEMENT AVERAGE TRADE BENCHMARK BILATERAL AGREEMENTS BILATERAL IMPORTS BORDER INFRASTRUCTURE BORDER TRADE BOTTLENECKS BUSINESS ENVIRONMENT CAPACITY BUILDING CAPITAL FLOWS CAPITAL MARKET CENTRAL BANKS CLIMATE CHANGE COMMODITIES COMMON MARKET CONSUMERS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COUNTRY TARIFF CREDIT INTERMEDIATION CREDIT LAW CROSS-BORDER CAPITAL CROSS-BORDER TRADE CROSSING CURRENCY CUSTOMS CUSTOMS CLEARANCE CUSTOMS CLEARANCE PROCEDURES CUSTOMS UNION DEEPER TRADE INTEGRATION DERIVATIVES MARKETS DOMESTIC PRODUCTION DRIVERS ECONOMIC COOPERATION ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC REFORMS EQUITY MARKETS EUROPEAN UNION EXCHANGE MARKET EXCHANGE RATE EXPORT DIVERSIFICATION EXPORT PATTERNS EXPORT PRODUCTS EXPORTS EXTERNAL TARIFF FINANCIAL CRISIS FINANCIAL INTEGRATION FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTOR INFRASTRUCTURE FINANCIAL SECTORS FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FLEXIBLE EXCHANGE RATE FOOD PRICE FOREIGN BANKS FOREIGN COMPETITION FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN TRADE FREE TRADE FREE TRADE AGREEMENT FREE TRADE AREA FREE TRADE IN MANUFACTURES FREE TRADE ZONE FUEL FUEL TRADE FUELS FULL LIBERALIZATION GDP GLOBAL COMPETITIVENESS GLOBAL ECONOMY GLOBAL INTEGRATION GOVERNMENT SUBSIDIES GRAVITY MODEL GROSS DOMESTIC PRODUCT HARMONIZATION HIGH DUTIES HIGH TRANSPORT HIGHWAY IMPORTING COUNTRY INCOME INFLATION RATES INFORMATION SHARING INFORMATION SYSTEM INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INSPECTION INSTITUTIONAL CAPACITY INSTITUTIONAL INVESTOR INTEGRATION AGREEMENTS INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL MARKET INTRAREGIONAL TRADE INVESTMENT CLIMATE INVESTMENT CLIMATE REFORMS LABOR MARKET LEGAL FRAMEWORK LIBERALIZATION LIVING STANDARDS MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARITIME TRANSPORT MARKET ECONOMY MARKET SEGMENTATION MICROFINANCE MOBILE PHONE MOBILITY MONEY MARKET MONOPOLIES NATIONAL ECONOMY NATURAL RESOURCE NATURAL RESOURCES NET EXPORTERS OPEN ECONOMIES OPEN MARKETS OPEN SKIES PATTERN OF TRADE PAYMENT SYSTEMS PAYMENTS SYSTEMS POLICY RESEARCH POLITICAL CONDITIONS POLITICAL CONSIDERATIONS POLITICAL REASONS PORT SERVICES POTENTIAL BENEFITS PRIVATE INVESTMENT PRIVATIZATION PRODUCTION STRUCTURES QUALITY OF TRANSPORT RAILWAY RAILWAY SECTOR REAL GDP REGIONAL GROUPINGS REGIONAL INTEGRATION REGIONAL LEVEL REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONAL TRANSPORT REGULATORS REGULATORY FRAMEWORK RENEWABLE ENERGY ROAD ROAD LINKS ROAD NETWORK ROAD SYSTEM ROAD TRANSPORT ROADS SANITATION SECURITIES SOCIAL DEVELOPMENT SPEEDS TARIFF BARRIERS TARIFF EQUIVALENT TARIFF LEVELS TARIFF RATES TARIFF SCHEDULE TAX TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TRADE AGREEMENTS TRADE ASSOCIATION TRADE BARRIERS TRADE CREATION TRADE DIVERSION TRADE FACILITATION TRADE FLOWS TRADE INTEGRATION TRADE LIBERALIZATION TRADE MORE TRADE OPENNESS TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE TRANSACTION TRADE VOLUMES TRADING BLOCS TRAINS TRANSIT TRANSPARENCY TRANSPORT COSTS TRANSPORT INFRASTRUCTURE TRANSPORT INFRASTRUCTURES TRANSPORT SECTOR TRANSPORT SERVICES TRANSPORTATION TRUCKS TRUE UNEMPLOYMENT UNEMPLOYMENT RATES UNIVERSAL COVERAGE UNSKILLED WORKERS VOLUME OF TRADE WEALTH WORLD DEVELOPMENT INDICATORS WORLD TRADE WORLD TRADE ORGANIZATION WTO
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Washington, DC
Middle East and North Africa | Algeria | Libya | Mauritania | Morocco | Tunisia
2017-08-15T16:36:38Z | 2017-08-15T16:36:38Z | 2010

This report reviews the status of Maghreb countries' economic integration with the world, with the Arab world, and within the Maghreb itself. It focuses on trade in goods and services, labor and capital flows, financial integration and cross-border infrastructure integration. It discusses the potential benefits of and key constraints to greater integration. The focus on trade liberalization with the European Union (EU) provides an opportunity for individual Maghreb countries to lock in policies that would eventually help them harmonize policies within their own region. The same argument can be made regarding accession to the World Trade Organization (WTO). The Maghreb countries would reap significant additional benefits if, in parallel to reforms undertaken to improve trade liberalization with Europe, they improved conditions for streamlined trade among themselves. There is significant potential for trade in services in the financial sector, transportation and logistics, and communications and information, among other sectors. According to some studies, comprehensive services reforms that involve increased competition and regulatory streamlining would yield benefits that are at least twice the magnitude of those achieved through tariff removal alone.

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