High prices of basic food pushed up total consumer price inflation in 2007 worldwide, not least in the EU neighbour countries. The European Neighbour Policy Mediterranean countries, Commonwealth of Independent States (CIS) and the Gulf Cooperation Council were almost all affected by the global...

The volatility of exchange rates leads to reduction of the international trade volume, mainly in the emerging economies in which all the Mediterranean South countries belong to. Thus, this study discussed the impact of exchange rate issue on South- North trading flow, which comes timely after...

Soaring food and energy prices sparked the revolts in Northern African countries at the end of 2010. Despite government subsidies, consumer price inflation rose, which reduced consumers' purchasing power. This article empirically investigates the impact of world food prices on inflation and...

Although the global financial and economic crisis hurt economies worldwide, the economies at the southern Mediterranean rim have so far done well to weather this global hurricane. However, their economic growth has been slowing down and dependent upon their domestic policy reactions amongst...

The Arab upheaval and the world's biggest financial crisis after the Great Depression were almost simultaneous in their occurrence. The Mediterranean economies now face a dual challenge of a political and financial restructuring in the light of a shaky economic pedestal on which they stand. In...