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ID137929
Title ProperCan free trade help convert the ‘Arab Spring’ into permanent peace and democracy?
LanguageENG
AuthorMartinez-Zarzoso, Inmaculada ;  Gylfason, Thorvaldur ;  Wijkman, Per Magnus
Summary / Abstract (Note)Using a panel gravity model of trade for the period 1995–2010, this paper estimates the potential for increased intra-regional trade among 10 countries of the southern and eastern Mediterranean coast. It examines how closer integration through the EU’s revised neighborhood policy can encourage democratisation and conflict resolution. The main results indicate that while the gains realized to date from regional integration have been small, significant potential gains from deep integration exist. The paper proposes that the EU starts by negotiating deep and comprehensive free trade agreements with Egypt, Israel and Jordan provided these countries also negotiate them with each other.
`In' analytical NoteDefence and Peace Economics Vol. 26, No.3; Jun 2015: p.247-270
Journal SourceDefence and Peace Economics Vol: 26 No 3
Key WordsIntegration ;  Democratisation ;  Gravity Model ;  Arab Spring ;  Potential Trade


 
 
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