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Along with political unrest since the Arab spring, the stakes of the Mediterranean neighbourhood are numerous: social booming disparities, gender gap, numeric illiteracy, critical case of water supply and agricultural land, difficult decentralisation and state de-concentration. But opportunities are still wider: the Mediterranean is the only neighbourhood whose population and GDP's world share is growing; the rent economy is (slowly) shifting towards a more productive economy with a rising role of clusters; huge investment needs mean huge opportunities for European investors. Secondly, the chapter assesses the trends in economic M. Ababsa