Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.
- ISBN13 9781484389843
- Publish Date 28 February 2019
- Publish Status Active
- Publish Country GB
- Imprint International Monetary Fund (IMF)
- Format Paperback
- Pages 48
- Language Arabic