The Agadir Agreement: The Capability Traps of Isomorphic Mimicry
| Autor: | Christos Kourtelis |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Economics and Econometrics
Rules of origin 050204 development studies media_common.quotation_subject Reproduction (economics) 05 social sciences International economics Inclusive growth Load bearing Agreement 0506 political science Politics 0502 economics and business Political Science and International Relations Regional integration 050602 political science & public administration Economics Mimicry Law media_common |
| Zdroj: | World Trade Review. 20:306-320 |
| ISSN: | 1475-3138 1474-7456 |
| DOI: | 10.1017/s1474745620000488 |
| Popis: | In 2004, Morocco, Tunisia, Egypt, and Jordan signed the Agadir Agreement (AA), a free trade agreement with intention of encouraging closer cooperation in trade. The AA came into force in 2007 and relies on the EU's rules of origin. Contrary to existing explanations, which suggest that the little impact of the AA on intraregional trade is a result of the local political elites in the agreement and of weak state institutions, this article amends the concept of isomorphic mimicry to shed some light on the ineffectiveness of the AA. It claims that instead of acting as a vehicle for regional integration, the AA generated two capability traps: premature load bearing and the reproduction of the structural weaknesses of Arab Mediterranean economies. As a result, the AA does not act as an instrument of intraregional cooperation and inclusive growth. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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