Economic Integration of Mediterranean States

Abstract

Times of economic crisis are an opportunity for greater integration of the markets of the Mediterranean countries. The chosen method makes it possible to confirm this hypothesis. Unfortunately, this cannot be realized without greater, comprehensive institutional connectivity within he economic space. The greatest role in this can be played by the major members of the Mediterranean basin, which are very important to global trade and through which the effects of major crises are also transmitted most significantly to the economic space of the Mediterranean basin.