Despite its many advantages, the Eastern and Southern Mediterranean region remains relatively backward in economic and social terms and is rightly considered a potential source of social and political instability. Its average GDP per capita lags behind the global average and is increasing slowly due to weak economic policies, poor governance and rapid population growth. The region suffers from high unemployment (especially among women and youth), poor education, high levels of income inequality, gender discrimination, underdeveloped infrastructure, continuous trade protectionism, and a poor business climate. To overcome these development obstacles, MED countries should conduct comprehensive reforms of their economic, social and political systems with the aim of ensuring macroeconomic stability, increasing trade and investment openness, improving the business climate and governance system, and upgrading infrastructure and human capital.The main economic and political partners of the MED countries, especially the EU, can actively support this modernization agenda through liberalizing trade in some sensitive sectors (like agriculture and services), adopting a more flexible approach to MED labor migration, and cooperating in mitigating climate changes, improving educational outcomes, and promoting science and culture. This will require renewed initiatives with dedicated technical assistance and continued and enhanced financial assistance, particularly to improve infrastructure. There is also a lot of room for improvement in intra-MED cooperation but this requires resolving the protracted political conflicts in the region and taking bolder steps to remove trade and investment barriers.

This book contains a unique collection of studies on key economic and social policy challenges faced by countries of the Southern and Eastern Mediterranean region in a short- and long-term perspective. Prepared within the EU funded FP7 project on „Prospective Analysis for the Mediterranean Region (MEDPRO)” conducted in 2010-2013 it takes account on recent political developments in the region (Arab Spring) and their potential consequences. It covers a broad spectrum of topics such as factors of economic growth, macroeconomic and fiscal stability, trade and investment, Euro-Mediterranean and intra-regional economic integration, private sector development and privatizations, infrastructure, tourism, agriculture, financial sector development, poverty and inequality, education, labor market and gender issues.

The Euro-Mediterranean Partnership Initiative, launched by the Barcelona Conference in 1995, is the most ambitious project to date directed at comprehensive prosperity and security in the Mediterranean region. Yet the assumptions on which it is based are untried and untested. This study seeks to analyse what they are and to draw some conclusions as to the potential of the Initiative for success by comparing it with other experiences of regional develoment.

It used to be that international business and the small enterprise sector were almost mutually exclusive. Internationalization was generally limited to large corporations, while small firms tended to be local. Those days are gone. Increasing global competition is changing the nature of knowledge necessary for success in commerce. Firms will need to seek opportunities beyond familiar turf and traditional markets. For that reason, this book examines business issues and the environment for enterprise in a variety of contexts around the Middle East.The information provided helps entrepreneurs decide where to invest, where to focus their expansion efforts and where to be especially cautious. Thus, this guide — written in easy-to-understand language — can help entrepreneurs avoid costly mistakes. It is more than a book — it is an investment!

The economy of the Mediterranean region countries - which in the present study include Algeria, Egypt, Jordan, Lebanon, Morocco, Syria, Tunisia, as well as Israel and Turkey - experienced a period of strong and dynamic economic development in the late 1970s and early 1980s. But since the 1980s these economies have experienced a much less dynamic evolution and tended toward stagnation. This paper by Oleh Havrylyshyn, presents an assessment of the experience of these economies in a framework of a broad trade strategy perspective for Mediterranean countries, and examines prospects for the future.

'Here's a work arriving just at the right moment and contributingnew insights at precisely the time when public opinion remains sceptical of the not very promising future we are preparing for our children, when governments balk at explaining to their electorates the vital but unpopular decisions that have to be taken and when civil society, with few ways and means, is finally becoming involved. This remarkable work will help all actors to understand the inter-linkages between economic activities and the environment in the Mediterranean Basin and take concerted, effective action to build a positive, sustainable future' Mohamed Ennabli, former Minister of the Environment and Land Use Panning, Tunisia 'The Blue Plan has carried out a remarkable assessment of the serious environmental probems and insufficiently targeted cooperation in the Mediterranean, and also of new financing systems to be implemented, which would increase the capacities of local authorities and economic and social partners' Georges Corm, former Minister of Finance, Lebanon The Mediterranean Basin and its surrounding countries is a microcosm of the environmental and sustainability challenges facing people across the world. Depending on the development path it takes in the future, the region can either become a positive model for the regional regulation of globalization, or, more onerously, it might reinforce global instability. This unique volume is the definitive, authoritative assessment of the environment and development of the Mediterranean Basin and its 22 countries and territories, spanning five decades from 30 years in the past to 20 years into the future. Produced by the Blue Plan within the framework of UNEP/Mediterranean Action Plan and backed by the EU and national governments, it brings together the work of more than 100 researchers from dozens of national, regional and local governments and research groups into the only comprehensive insight into sustainable development issues in the region. Core coverage includes water, energy, transport, cities, rural and coastal areas, as well as related issues such as climate change, population growth, geopolitical changes, unemployment and poverty, pollution, economic and environmental policies, regional cooperation and the Euro-Mediterranean Partnership. Information is clearly presented through hundreds of full-colour maps, graphs, tables and a wealth of case studies. This is a must-have reference for all levels of government, NGOs and libraries, as well as practitioners, academics and businesses involved in economics, natural resource management, land and maritime transport, water, energy, infrastructure, urban and rural development, agriculture, fishing and aquaculture, tourism and coastal management. Countries and territories covered: Spain, France, Italy, Monaco, Malta, Cyprus, Slovenia, Croatia, Bosnia-Herzegovina, Serbia and Montenegro, Albania, Greece, Turkey, Syria, Lebanon, Palestinian Territories, Israel, Egypt, Libya, Tunisia, Algeria and Morocco. Preface by Lucien Chabason, Chairman of the Blue Plan.

Regional Integration in the Union for the Mediterranean: Progress Report monitors major trends and evolutions of integration in the Euro-Mediterranean region. The Report examines five domains of regional integration, namely trade integration, financial integration, infrastructure integration, movement of people, as well as research and higher education.