Deeper Integration and Trade in Services in the Euro-Mediterranean Region
Author: Daniel Müller-Jentsch
Publisher: World Bank Publications
Published: 2005
Total Pages: 130
ISBN-13: 9780821359556
DOWNLOAD EBOOKThis publication examines the importance of trade in services for the integration of non-EU members into the European Single Market. Further liberalisation is found to be a critical factor to deeper integration with the enlarged EU, which accounts for a quarter of global GDP and foreign direct investment. The planned Euro-Mediterranean free trade area for goods is judged as a positive first step, but additional measures are needed for deeper integration, including liberalisation of services trade. The study gives a detailed assessment of individual sectors, including core services relating to transport, telecommunication, financial markets and electricity, as well other markets such as tourism, IT and distribution services.