Working toward political stability by combating increased levels of terrorist activity, the Maghreb countries have shifted efforts away from executing full-fledged economic reform. At the same time, recently implemented economic reforms fall short of bolstering lackluster performance and easing political tension among neighbors. In fact, Maghreb has one of the lowest rates of intra-regional trade in the world; other factors like rigid economic structures, slow productivity growth, and modest investment levels continue to stymie progress toward economic integration. Do these countries' diverse circumstances symbolize insurmountable obstacles in achieving economic cooperation and an improved standard of living for citizens? How can the US and EU facilitate economic progress? This book not only assesses the gains from economic integration among the Maghreb countries, but also focuses on the benefits from enhanced economic ties between the region and the world economy.
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