Countries agreeing to Euro-Mediterranean Partnership show different levels of development,
so that they are far from converging in per capita GDP growth rates. As shown by literature, an important
role in growth can be played by foreign direct investment (FDI). Beta and Sigma approaches
to convergence are applied to prove the absence of gaps reduction in the area, and the importance
of FDI in a context where less developed countries do not attract FDI as much as other developing
countries. Persistency matrix and fuzzy clustering methods are then applied to verify the
composition and stability in time of “convergence clubs”.