The Mediterranean Growth Initiative (MGI) aims to reframe the debate on the Mediterranean region through data and analysis.
In 2016 we published the inaugural MGI Report, a data-driven assessment of political, economic and social progress in the countries of the Mediterranean.
In 2017 we will be launching MGI.online, a fully interactive, public resource platform. MGI.online will provide direct and user-friendly access to data, forecasts and analysis covering the markets of the Mediterranean.
MGI.online is aimed at investors, policymakers, and researchers, as well anyone who wants to gain an in-depth understanding of the region and its future.
Mediterranean countries have faced challenges in the wake of the financial crisis and political unrest. As other economies turn inwards, the Mediterranean can build resilience by strengthening neighbourhood ties, creating prosperity for its people and improving scale and scope for international investors.
Headline-grabbing one-off events and passing instability can distract from promising big picture political and socio-economic trends. MGI.online allows investors and policymakers to track developments in Mediterranean economies over time and in context.
We bring together a wide range of scattered data that can be otherwise difficult and expensive to obtain, from countries that shape market opportunity but often escape attention.
Our dedicated experts analyse key data for each and every Med country as they are released, and they produce objective, agenda-free forecasts to guide investment and policy decisions.
Our custom MGI Economic Prospects Index (MEPI) assesses the potential of each Mediterranean country at a glance, incorporating trends from MGI’s cutting-edge, agenda-free forecasts. The MEPI is broken down by expected returns –opportunity- and risk, providing different indices for investors with different risk tolerance.
MGI regional assessments map the trade landscape, identifying channels to strengthen historical ties and build new opportunities for returns and growth.
At launch, MGI.online will include:
"The Mediterranean Growth Initiative (MGI) reminds us the Mediterranean remains both opportunity and risk to its wider region. On the one hand, the opportunity to integrate markets and ensure efficiencies in commerce are huge. On the other, the frailty of some of its states make it an exporter of people and of insecurity. For both sets of reasons we should pay a lot more attention to the region – and [the MGI’s] rich array of statistical insights allows us to do that.”
Rt Hon Lord Mark Malloch-Brown, former Minister of State at the Foreign and Commonwealth Office in the UK, former deputy UN Secretary General, former Administrator UNDP
“The Mediterranean Growth Initiative fills a major gap in our analytical and statistical information and data relating to economic & financial developments in the Mediterranean region. [It] will be an important, practical addition to the toolkit of private investors and businesses as well as to policy makers in the EU and the Mediterranean countries.”
Dr Nasser Saidi, member of the IMF’s Regional Advisory Group for MENA, Co-Chair of the OECD MENA Corporate Governance Working Group. Former Minister of Economy and Trade and Minister of Industry of Lebanon
“This is an important effort to compile data from a region which is suffering from a dearth of evidence-based policy-making. The data also illustrates the lack of integration in the region and the potential this represents in terms of increased trade, investment and economic growth, both within the region and with the European Union. Despite all the political and cultural obstacles it is as part of a wider Europe that the region has the potential for truly prosperous and inclusive societies.”
Professor Erik Berglof, Professor and Director, Institute of Global Affairs, London School of Economics and Political Science. Former Chief Economist and Special Advisor to the President European Bank of Reconstruction and Development, professor and Director of the Stockholm Institute of Transition Economics.