As all the Southern and Eastern Mediterranean countries, Morocco has been engaged into euro-mediterranean agreements to increase international investors trust. Another objective was to influence Multinational firms localisation choices,, as these firms are seen to be the main way to develop...

Les traités de préférence commerciale incluent de plus en plus souvent des clauses concernant la démocratie. Cette évolution peut être considérée comme un instrument de promotion de la démocratie mais aussi comme une pré-condition pour accélérer un processus d'intégration...

French Abstract: Dans le cadre de cet article, nous avons cherché à appréhender les effets de l'intégration régionale sur les échanges commerciaux dans les pays de la CEDEAO en se référant au modèle de gravité. Il ressort des estimations effectuées que la valeur du commerce bilatéral...

Despite China’s growing importance in international economic relations, it cannot be considered yet as the economic leader of East Asia. Its dynamism should be relativized by its development level: China remains a country that lags behind its neighbour, Japan, whose role in this area is still...

This study analyses productive efficiency in banking and scale and scope economies using stochastic frontier analysis. The European banking sector underwent great changes during the period under study (1995-2000), featuring a marked increase in competition. Empirical results suggest that...

This article studies the impact of monetary policy on real economy in Europe through a particular transmission mechanism: the credit channel. The credit channel is based on the existence of information asymmetries in financial markets that change the agents financing conditions. According to the...

This paper analyses the determinants of the investment decision by focusing on the firms subjective judgments about the impact of some economic factors. This work uses data from the INSEEs business surveys on investment in the industry, over the period 1991-2002. In October, these data contain...