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Research Paper | Economics | Tunisia | Volume 4 Issue 5, May 2015 | Popularity: 6.1 / 10

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The Euro-Mediterranean Partnership: The Convergence Debate

Elwardi Dhaoui

Abstract: We all dream of a sustainable future for the Mediterranean. Here comes the question. Do poor countries or regions tend to converge toward rich ones to make this dream a reality Although some economic theories predict convergence, the empirical evidence has been a subject of debate for years. The convergence process currently underway between the European Union and southern Mediterranean countries are a major issue. The assumptions of comparing growth prospects formulation allow determining the time period for catching-up of living standards for each country. We just need convergence to connect everything together and make the world closer and shaped for development, partnership and communication technology. The aim of my research is to provide a comprehensive background in the context of which future growth and convergence research can be pursued and understood.

Keywords: North-South, Trade, Investment, Cooperation, Convergence

Edition: Volume 4 Issue 5, May 2015

Pages: 3178 - 3186

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