Since Jean Monnet conceived the Coal and Steel Community, free trade has successfully prevented serious conflicts in Europe between democratically governed States with market economies. After six countries established the European Community, this principle has been extended successfully to its...

Despite significant economic reforms in many Southern Mediterranean EU neighbour countries, their growth performance has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across Mediterranean countries, to draw lessons for the future....

The Middle East has become the largest external supplier of imports to the European Community, and is also the EC's largest export market. Rising oll prices have not only affected the value of EC imports from the Middle East, but have also ultimately determined the ability of the Middle Eastern...