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The Agadir Agreement: The Capability Traps of Isomorphic Mimicry

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  • Kourtelis, Christos

Abstract

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.

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  • Kourtelis, Christos, 2021. "The Agadir Agreement: The Capability Traps of Isomorphic Mimicry," World Trade Review, Cambridge University Press, vol. 20(3), pages 306-320, July.
    • Handle: RePEc:cup:wotrrv:v:20:y:2021:i:3:p:306-320_3
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