From Sophia to Irini: EU Mediterranean Policies and the Urgency of "Doing Something"

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IAI Commentaries

iaicom2032.pdf

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In:
In:
IAI Commentaries

Political Economies of the Middle East and North Africa

14/02/2020, Rome, Istituto Affari Internazionali

Despite its oil wealth, the Middle East and North Africa is economically stagnating. Growth rates are comparatively unfavorable and insufficient to substantially improve citizens’ lives. Whether this economic inertia can be overcome or will continue into the indefinite future is a vital question that confronts both the region and the world.

Med: development new paradigms

Energy is a major driver for encouraging economic forecasts in the Mediterranean despite persistent political tensions in the area. To address this shortcoming and provide avenues for an increased penetration of these resources in the future, a more coherent and sustained involvement of multiple stakeholders will be essential.