Author: Bernard M. Hoekman
Publisher:
ISBN:
Category : Arab countries
Languages : en
Pages : 56

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Book Description

Author: Bernard Hoekman
Publisher:
ISBN:
Category :
Languages : en
Pages : 45

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Book Description
Hoekman and Messerlin compare the European Community's quot;trade fundamentalsquot; prevailing in the 1960s with those applying in Arab countries today. The fundamentals differ significantly - Arab countries trade much less with each other than EC members did, and the importance of such trade in GDP varies greatly. This suggests that a viable Arab integration strategy must follow a path that differs from the preferential trade liberalization-led approach implemented by the European Community. An alternative is to complement long-standing attempts to liberalize merchandise trade with an effort that revolves around service sector reforms and liberalization. This may prove to be an effective mechanism to support reforms as, in principle, there is a major constituency in each Arab country that has an interest in improving the performance of services - the natural resource-based and manufacturing sectors. A key condition for such an approach to be feasible is that Arab cooperation helps overcome political economy resistance to national, unilateral action, or, generates direct gains from cooperation in specific policy areas. The EC experience suggests that a services-based integration strategy will be complex and must be carefully designed and sequenced. Given the importance of services-related trade and logistics transactions costs, a first step might focus on bringing such costs down through a concerted joint effort.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to investigate the economics of regional integration.

Author: Bernard M. Hoekman
Publisher:
ISBN:
Category : Acuerdos comerciales
Languages : en
Pages : 60

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Author: Ahmed Galal
Publisher: Rowman & Littlefield
ISBN: 9780815796015
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
A Brookings Institution Press and the Egyptian Center for Economic Studies (ECES) publication Improving the economic performance of Arab countries is now more critical than ever. The region faces high population growth rates, rising unemployment, and modest economic growth coupled with increasingly intense competition from emerging markets in eastern Europe, Latin America, and Asia. Meeting these challenges requires finding ways to overcome political obstacles that impede socially beneficial economic reforms. Despite fifty years of repeated attempts at Arab economic integration, the results in terms of intraregional trade and investment flows have been very modest. This book explains why and discusses possible ways forward. The authors draw especially on the success of the European Union to assess the scope of Arab economic integration as an instrument for narrowing the persistent gap between the region¡¯s economic potential and its performance.

Author: United Nations Publications
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
The goal of this first edition of the Assessing Arab Economic Integration Report is to provide a quantitative assessment of regional economic integration efforts, and generate practical and implementable policy advice for Member States. Following a concise review of the potential impact and channels of economic integration, a system of indexes has been developed for performance evaluation, monitoring and comparison of integration at the global, regional, and bilateral levels. This report shows that Arab countries abilities to unlock the potential for further intra-regional integration rely partly on their capacity to address a number of cross cutting structural features that act as facilitators and condition their performances. It makes a clear argument that economic integration is a means by which Arab countries can ensure their growth and diversification, thus bringing both individual country-level and communal regional-level benefits.

Author: Francis Bacon
Publisher: World Bank Publications
ISBN: 1108040640
Category : Literary Collections
Languages : en
Pages : 52

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Book Description
The complete writings of English philosopher Francis Bacon are arranged according to subject matter in this 1857-74 edition.

Author: Niḍāl Rashīd Ṣabrī
Publisher: Nova Publishers
ISBN: 9781604561371
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
This book aims to trace and point out the recent developments occurred in the Arab Economy in the last two decades, including trends toward integration, liberalisation, and globalisation. This book indicates the most recent changes in the Arab Financial Institutions including banks, insurance companies, pension funds and other financial institutions. There is also the discussion of issues in market stability and efficiency in the light of new Arab environment of stock trading. This book is a comprehensive text covering the Arab Financial Sector.

Author: Matteo Legrenzi
Publisher: Routledge
ISBN: 1317174577
Category : Political Science
Languages : en
Pages : 209

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Book Description
Regional cooperation, regionalism and regionalization in the Middle East are usually considered to be weak and rather ceremonial. However, since September 11, 2001, a new regional order is emerging and the impact of geostrategic changes in the international environment has yet to be satisfactorily studied. With older regional organizations suffering from weaknesses, new forms appear to be developing and flourishing, due either to European support or growing sub-regional identities. This volume offers refined theoretical models and approaches which are attuned to the new dynamics and contradictions of a wide range of regionalist projects in the contemporary Middle East. Case studies of the most important regional organizations in different policy fields offer comprehensive overviews of the main actors, institutions, historical development and current issues.

Author: Bernard M. Hoekman
Publisher: Brookings Institution Press
ISBN: 0815729057
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past. Is the multilateral trading order of the twentieth century a historical artifact? Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism. The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies. By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.

Author: Ali Kadri
Publisher: Anthem Press
ISBN: 1783084324
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
Arab Development Denied examines how over the last three decades the Arab world has undergone a process of developmental descent, or de-development. As a result of defeat in wars, the loss of security and sovereignty, and even their own class proclivity, the Arab ruling classes have been transformed into fully compradorial classes that have relinquished autonomy over policy. The neoliberal policies adopted since the early eighties are not developmental policies, but the terms of surrender by which Arab resources, human or otherwise, are stifled or usurped. In this book, Ali Kadri attributes the Arab world’s developmental failure to imperialist hegemony over oil and the rising role of financialisation, which goes hand in hand with the wars of encroachment that strip the Arab world of its sovereignty and resources.