The Mediterranean basin is a densely populated area that spans three continents and includes 24 countries. This region has traditionally been the center of intense trade that has brought together different cultures and traditions offering the opportunity for mutual growth but also occasions for strong disagreement and conflict. Energy has added to this complex picture an essential geopolitical dimension that contributed to defining the relationship between the shores of the Mediterranean Basin for several decades. The presence of energy-exporting countries (mainly Algeria, Libya, and Egypt) has meant large quantities of oil and gas have been traded from southern Mediterranean countries to the industrialized demand hubs in the north creating a south–north flow of energy. Notwithstanding these intense trading activities and vast economic interdependencies, countries in the area fail to show convergence in terms of macroeconomic and demographic fundamentals, and a significant disparity is notable between the two shores of the Mediterranean Basin. Following OME (2013) analysis, simply by looking at the gross domestic product (GDP) and the population distribution of countries belonging to the region, we discover some interesting diverging patterns that can be highlighted.
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Titolo: | EU Pressures and Institutions for Future Mediterranean Energy Markets: Evidence from a Perception Survey |
Autori: | |
Data di pubblicazione: | 2016 |
Abstract: | The Mediterranean basin is a densely populated area that spans three continents and includes 24 countries. This region has traditionally been the center of intense trade that has brought together different cultures and traditions offering the opportunity for mutual growth but also occasions for strong disagreement and conflict. Energy has added to this complex picture an essential geopolitical dimension that contributed to defining the relationship between the shores of the Mediterranean Basin for several decades. The presence of energy-exporting countries (mainly Algeria, Libya, and Egypt) has meant large quantities of oil and gas have been traded from southern Mediterranean countries to the industrialized demand hubs in the north creating a south–north flow of energy. Notwithstanding these intense trading activities and vast economic interdependencies, countries in the area fail to show convergence in terms of macroeconomic and demographic fundamentals, and a significant disparity is notable between the two shores of the Mediterranean Basin. Following OME (2013) analysis, simply by looking at the gross domestic product (GDP) and the population distribution of countries belonging to the region, we discover some interesting diverging patterns that can be highlighted. |
Handle: | http://hdl.handle.net/11586/243435 |
ISBN: | 9780128044360 |
Appare nelle tipologie: | 2.1 Contributo in volume (Capitolo o Saggio) |