Energy Relations in the Euro-Mediterranean A Political Economy Persp
This book investigates the current status and future prospects of energy relationships for European Mediterranean countries. By adopting a political economy perspective, this book provides insight into regional cooperation in the fields of natural gas and
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Simone Tagliapietra
Energy Relations in the Euro-Mediterranean
Simone Tagliapietra
Energy Relations in the Euro-Mediterranean A Political Economy Perspective
Simone Tagliapietra Fondazione Eni Enrico Mattei Milan, Italy
ISBN 978-3-319-35115-5 ISBN 978-3-319-35116-2 DOI 10.1007/978-3-319-35116-2
(eBook)
Library of Congress Control Number: 2016958036 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover image Fortunato Depero, Nitrito in velocità, 1934, Galleria d’Arte Moderna, Genova © Doc SAI, Archivio Fotografico del Comune di Genova Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
To the memory of my grandmother, Giulia Pasa Tagliapietra
Executive Summary for Policy Makers
Energy: The Cornerstone of the Euro-Mediterranean Economic Relations Despite their geographical proximity and common heritage, trade links between Southern and Eastern Mediterranean countries (SEMCs) are very limited. This feature is due to several factors such as the political unwillingness to attain regional cooperation, the protectionist commercial policies implemented by most SEMCs, the ineffectiveness of bilateral trade agreements within the region and the lack of appropriate infrastructures. In this context, trade in the Mediterranean region remains centered on the European Union (EU). The EU constitutes the most important trade partner for SEMCs, with regard to both exports and imports. Over the last decades, trade between the two shores of the Mediterranean developed, particularly, in the energy sector. In fact, in contrast to trading sectors like agriculture, where both sides of the Mediterranean compete, the energy sector is based on strong complementarities between the two shores of the sea: a capital- and technology-rich
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