Economics, Econometrics and Finance
4 years ago

Global trade reform may benefit Greece most, impacting Mediterranean non-EU countries.

RePEc: Research Papers in Economics
Multilateral or Regional Agreement: The Case of Mediterranean Non-EU Countries
Konstadinos Mattas, Efthimia Tsakiridou, Agapi Somwaru

Paper Summary

MENA countries are considering trade reforms, especially with the EU. A study used a model to see how different trade options would affect the region. The results show that special rules for developing countries could benefit the region the most. If global trade rules change, preferences with the EU might weaken, with countries like Greece benefiting the most.

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