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The paper aims at assessing the specific impact of shallow versus deep integration between Mediterranean (MED) countries1 and their partners in the European Union (EU) as well as between the MED countries themselves. It relies on dataset developed for this project concerning tariffs (as a proxy...
Persistent link: https://www.econbiz.de/10013114650
The international fragmentation of production is re-shaping the world economy. Global value chains (GVCs) are at the forefront of this phenomenon with China and the EU emerging as key production hubs. The evidence suggests that value chains are increasingly regional rather than global with three...
Persistent link: https://www.econbiz.de/10015304479
This research develops a quantitative analysis aimed at simulating the trade effects of various integration scenarios between the EU and its Mediterranean Partners (MPs). Results for shallow integration show that the completion of tariff removal is expected to produce limited gains, except in...
Persistent link: https://www.econbiz.de/10014171083