Determinants of growth and inflation in Southern Mediterranean countries

Bericht

Despite significant economic reforms in many Southern Mediterranean EU neighbour countries, their growth performance has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across Mediterranean countries, to draw lessons for the future. The main findings are that Southern Mediterranean countries should benefit from closer ties with the EU that result in higher levels of trade and FDI inflows, once the turbulence of the 'Arab Spring' is resolved, and from the development of financial markets and infrastructure. They will also benefit in keeping inflation under control, which will depend in great part on their ability to maintain fiscal discipline and sustainable current accounts. One of the main challenges for the region will be to implement structural reforms that can help them absorb a large pool of unemployed without creating upward risks to inflation.

Object Details

• ISBN: 978-83-7178-560-3
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CASE Network Studies & Analyses ; No. 436

Classification and Topics

• Classification: Wirtschaft ; Economic Growth and Aggregate Productivity: General ; Economic Integration ; Economic Growth of Open Economies ; Policy Objectives; Policy Designs and Consistency; Policy Coordination
• Subject: Growth ; EU neighborhood policy ; Trade ; FDI ; Financial Development ; Inflation ; Wirtschaftswachstum ; Inflation ; EU-Nachbarstaaten ; Internationale Wirtschaftsbeziehungen ; Regionale Wirtschaftsintegration ; Westasien ; Nordafrika ; Mittelmeerraum ; EU-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Coutinho, Leonor
• Event: Veröffentlichung
• (who): Center for Social and Economic Research (CASE)
• (where): Warsaw
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/128243
• Last update: 10.03.2025, 11:41 AM CET