Euro-Mediterranean Forum of Economic Institutes publishes study on trends in corporate performance in Southern Mediterranean countries
December 21, 2016
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A study on “Corporate performance in transition: the role of business constrains and institutions in the south Mediterranean region” has been produced by the EU-funded Euro-Mediterranean Forum of Economic Institutes (FEMISE), with the aim of analysing the recent trends in corporate performance and economic success in Southern Mediterranean countries at the firm and country level.
More specifically, the study aims at identifying and evaluating the potential factors that may trigger and foster economic changes in the region, focusing in particular on the role played by skill constraints, the business environment and the institutional setting in explaining economic performance, measured as productivity, sales growth rates and exports, as well as quantifying their relative importance.
This report is structured into three parts: the first part focuses on skills and resource characteristics of firms and the role of the main perceived constrains to do business at the firm level. The second part of the report specifically looks at the main obstacles that MENA firms, and in particular Egyptian enterprises, face to do business in their country and investigates to what extent the constraints affect firm performance. The third part focuses on the country-level analysis and investigates the role of the quality of institutions and its different dimensions in the selected countries in explaining export performance.
FEMISE is an EU-funded project, which aims to contribute to the reinforcement of dialogue on economic and financial issues in the Euro-Mediterranean partnership, within the framework of the European Neighbourhood Policy and the Union for the Mediterranean. More specifically, it seeks to improve understanding of the priority stakes in the economic and social spheres, and their repercussions on the Mediterranean partners in the framework of their implementation of EU Association Agreements and Action Plans.