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Author: Daniel Müller-Jentsch
Publisher: World Bank Publications
ISBN: 9780821359556
Category : Business & Economics
Languages : en
Pages : 130
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Book Description
This publication examines the importance of trade in services for the integration of non-EU members into the European Single Market. Further liberalisation is found to be a critical factor to deeper integration with the enlarged EU, which accounts for a quarter of global GDP and foreign direct investment. The planned Euro-Mediterranean free trade area for goods is judged as a positive first step, but additional measures are needed for deeper integration, including liberalisation of services trade. The study gives a detailed assessment of individual sectors, including core services relating to transport, telecommunication, financial markets and electricity, as well other markets such as tourism, IT and distribution services.
Author: Daniel Müller-Jentsch
Publisher: World Bank Publications
ISBN: 9780821359556
Category : Business & Economics
Languages : en
Pages : 130
Get Book Here
Book Description
This publication examines the importance of trade in services for the integration of non-EU members into the European Single Market. Further liberalisation is found to be a critical factor to deeper integration with the enlarged EU, which accounts for a quarter of global GDP and foreign direct investment. The planned Euro-Mediterranean free trade area for goods is judged as a positive first step, but additional measures are needed for deeper integration, including liberalisation of services trade. The study gives a detailed assessment of individual sectors, including core services relating to transport, telecommunication, financial markets and electricity, as well other markets such as tourism, IT and distribution services.
Author: Mr.Alexei P Kireyev
Publisher: International Monetary Fund
ISBN: 1484378377
Category : Business & Economics
Languages : en
Pages : 47
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Book Description
Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.
Author: Jos R. L pez-C lix
Publisher: World Bank Publications
ISBN: 0821380753
Category : Political Science
Languages : en
Pages : 368
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Book Description
Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 24
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Book Description
Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN:
Category : Bilateral Free Trade Agreement
Languages : en
Pages : 44
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Book Description
Abstract: May 1999 - Preferential trade agreements that are limited to the elimination of tariffs for merchandise trade flows are of limited value at best and may be as easily welfare-reducing as welfare-enhancing. It is important that preferential trade agreements go beyond eliminating tariffs and quotas to eliminating regulatory and red tape costs and opening up service markets to foreign competition. Deep integration-explicit government actions to reduce the market-segmenting effect of domestic regulatory policies through coordination and cooperation-is becoming a major dimension of some regional integration agreements, led by the European Union. Health and safety regulations, competition laws, licensing and certification regimes, and administrative procedures such as customs clearance can affect trade (in ways analogous to nontariff barriers) even though their underlying intent may not be to discriminate against foreign suppliers of goods and services. Whether preferential trade agreements (PTAs) can be justified in a multilateral trading system depends on the extent to which formal intergovernmental agreements are technically necessary to achieve the deep integration needed to make markets more contestable. The more need for formal cooperation, the stronger the case for regional integration. Whether PTAs are justified regionally also depends on whether efforts to reduce market segmentation are applied on a nondiscriminatory basis. If innovations to reduce transaction or market access costs extend to both members and nonmembers of a PTA, regionalism as an instrument of trade and investment becomes more attractive. Using a standard competitive general equilibrium model of the Egyptian economy, Hoekman and Konan find that the static welfare impact of a deep free trade agreement is far greater than the impact that can be expected from a classic shallow agreement. Under some scenarios, welfare may increase by more than 10 percent of GDP, compared with close to zero under a shallow agreement. Given Egypt's highly diversified trading patterns, a shallow PTA with the European Union could be merely diversionary, leading to a small decline in welfare. Egypt already has duty-free access to the European Union for manufactures, so the loss in tariff revenues incurred would outweigh any new trade created. Large gains in welfare from the PTA are conditional on eliminating regulatory barriers and red tape-in which case welfare gains may be substantial: 4 to 20 percent growth in real GNP. This paper-a product of the Development Research Group-is part of a larger effort in the group to analyze regional integration agreements. The authors may be contacted at bhoekman@@worldbank.org or konan@@hawaii.edu.
Author: Olga Shumylo
Publisher: CEPS
ISBN: 9290796227
Category : European Union countries
Languages : en
Pages : 47
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Book Description
Author: Sonia Lucarelli
Publisher: Routledge
ISBN: 1135239487
Category : Political Science
Languages : en
Pages : 285
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Book Description
This book examines how the European Union (EU) is perceived beyond its borders in the US; the Middle East: Israel, Palestinian territories, Lebanon, Iran; Russia; China; India; Brazil and South Africa. The book also analyses the main perceptions of the EU in some key international institutions, including the World Bank; World Trade Organization, United Nations, African Union; and transnational actors, including non-Western media such as Al Jazeera. It seeks to provide a thorough analysis of the implications that these perceptions might have for the global role of the EU. By taking this approach and by providing both conceptual and empirical arguments, the volume provides an innovative perspective on the analysis of the EU as a global actor. It also strengthens a research agenda on the EU external image: an underdeveloped area of investigation in which the editors and the main contributors to this volume have played a pioneering role in the past few years. It will be of strong interest to academics and students of international politics, European studies and development studies.
Author: Michael Emerson
Publisher: CEPS
ISBN: 9789290794691
Category : European Union countries
Languages : en
Pages : 132
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Book Description
Author: Joaquín Roy
Publisher: Scarecrow Press
ISBN: 0810870320
Category : History
Languages : en
Pages : 342
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Book Description
Over half a century old and continuing to grow in strength and authority, the European Union consists of 25 member states_with more on the waiting list_and a population of 450 million people. Its influence in foreign and domestic affairs and human rights and law reaches far beyond its earlier fields of trade and politics. From the initial ideas about integration leading to the Treaty of Paris and the creation of the European Coal and Steel Community to the current reflection on the Treaty establishing a Constitution for Europe, The A to Z of the European Union encompasses the most basic elements of the EU and the components that have emerged as a result of them. Through the use of maps, photographs, a chronology, an introductory essay, a bibliography, and hundreds of cross-referenced dictionary entries on topics such as leaders, personalities, institutions, enlargements, member states, internal policies, external relations, basic theories, treaties, and law, this dictionary tells a clear and complete story about the European Union that will assist those with greater interest in understanding it.
Author: Fabrizio Tassinari
Publisher: Bloomsbury Publishing USA
ISBN: 0313357730
Category : Political Science
Languages : en
Pages : 152
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Book Description
Working from a unique viewpoint, this volume demonstrates how the European Union's fear of its neighbors reflects Europe's identity crisis—and challenges its survival. Taking a novel approach to the current situation in Europe, foreign policy analyst Fabrizio Tassinari transforms external policy concerns about Europe's neighborhood into questions about Europe's internal future. His contention: that the situation on Europe's periphery is an unforgiving mirror of its identity crisis, institutional paralysis, ineffectual foreign policy, and morbid fear of migrants and multiculturalism. Looking at each of the countries and regions surrounding Europe, from Russia and Turkey to the Western Balkans and North Africa, Tassinari unravels the challenges facing the EU, weighs the record of its policies, and explains how both can be traced back to Europe's inherent insecurity. Turning conventional wisdom on its head, he argues that gradual and diversified forms of integration with its many neighbors is Europe's best alternative to a progressive, but inexorable fragmentation of the EU. The ability to meet this challenge will not only test Europe's unfulfilled global aspirations, it will be crucial to its very survival.
