Financial instruments for the European Union goals implementation in the Mediterranean Region (North Africa and Middle East) Cover Image

Instrumenty finansowe realizacji celów Unii Europejskiej w regionie Śródziemnomorza (Afryki Północnej i Bliskiego Wschodu)
Financial instruments for the European Union goals implementation in the Mediterranean Region (North Africa and Middle East)

Author(s): Adriana Przybyszewska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: European Union; Mediterranean region; MEDA; EIB; ENPI

Summary/Abstract: The objective of the paper is to present assumptions and to attempt the assessment of financial instruments implementation providing the support for the Mediterranean Partnership from the European Union. The author’s intention was to offer a review of the available financial instruments since each of them may be characterized in more detail considering the broad spectrum of factors, determinants and interdependencies influencing the form, purpose and assessment of the discussed instruments. The first part of the paper illustrates the profile of the European Union constituting the part of a geopolitical group, as well as the situation of North Africa and Middle East countries. The European Union holds a very strong position in international relations which depends, among others, on its regional influence and involvement in international political, economic and social reality. This position is of crucial significance from the perspective of roles played by the European Union also with regard to neighbouring countries located in the Mediterranean region. The countries of North Africa and Middle East, despite frequently difficult historical relations and interdependencies with the European countries as well as their specific culture, in the current peace oriented reality became the beneficiaries of aid coming from the European Union and therefore took up the role of EU cooperating partners on many levels. The roles played by the European Union in the Mediterranean region are influenced by both internal and external factors. From among numerous functions took over by the European Union the most important ones are those of: an active actor in solving Arab-Israeli conflict, advocate of providing means for the establishment of peace among nations, supporting relations based on mutual trust and disarmament in the region, promoter of economic reforms and sustainable, regional development, propagator of democracy and human rights as well as intercultural dialogue. These roles aim at bringing peace, stability and wealth in the region and result in higher EU safety level and also the implementation of its interests. The concept of these roles is presented in bilateral agreements entered into and concluded by the European Union. Among the most important agreements the following should be listed: the Barcelona Declaration dated 28th November 1995 which initiated the Mediterranean Partnership and Joint Declaration of the Paris Summit for the Mediterranean Region dated 13th July 2008 initiating Union for the Mediterranean.

  • Issue Year: 2014
  • Issue No: 01
  • Page Range: 117-132
  • Page Count: 16
  • Language: Polish