Multilateral vs. Regional Economic Integration? - The Middle East and North African Region

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Publisher : GRIN Verlag
ISBN 13 : 3640694066
Total Pages : 121 pages
Book Rating : 4.6/5 (46 download)

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Book Synopsis Multilateral vs. Regional Economic Integration? - The Middle East and North African Region by : Benjamin Hätinger

Download or read book Multilateral vs. Regional Economic Integration? - The Middle East and North African Region written by Benjamin Hätinger and published by GRIN Verlag. This book was released on 2010-09-01 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2009 in the subject Business economics - Economic Policy, grade: 2,3, University of Hohenheim, language: English, abstract: In this study it is intended to investigate today ́s actual economic interdependence of what we would call the Middle East and North African (MENA) region and to analyze its economic interweaving, both among its member countries and into the global trading system. Being aware of the complexity and breadth of this topic, the author has chosen only three subset economic integration agreements, both between the countries of the MENA region (intraregional) – also comprising a subregional agreement – and between the MENA region and other regions (interregional), for closer analysis. Concerning the efforts made towards interregional economic integration, this thesis concentrates mainly on the so-called EU-MED Partnership which was initiated at the Barcelona Conference in 1995 and aims to establish an EU-Med Free Trade Area (EMFTA) by the year 2010 including the EU and the 12 so-called Mediterranean countries which, apart from Malta, Cyprus and Turkey, all belong to the MENA region. In contrast, on the intraregional level, the latest initiative in 1997 will be examined, where 17 out of 22 Arab League member states - all of which also belong to the MENA region apart from Sudan – joined to constitute a “Greater Arab Free Trade Area” (GAFTA, mainly to get rid of traditional trade barriers for goods. On the smaller subregional level, the Gulf Cooperation Council (GCC), consisting of 6 Gulf countries, which plans the establishment of a common currency by 2010, will be examined more closely. With GAFTA, GCC and the EU-MED Partnership all being in a different depth of integration and each representing one of the three different levels of integration (subregional, intraregional, interregional), the author holds the view that this choice reflects the actual state of integration in the region best. In a nutshell, this study tests the compatibility and correlation of the two different integration trends – multilateral and regional – using the example of the MENA region. Are they supplements or substitutes? Does regional integration inhibit or facilitate multilateral integration or vice versa? Are the above-mentioned regional integration arrangements contradictory, compatible or even mutually dependent? By approaching these questions the reader is to gain some insight into the so-called “Spaghetti Bowl” of cross-cutting integration agreements in the region.

Regional Economic Integration in the Middle East and North Africa

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Author :
Publisher : World Bank Publications
ISBN 13 : 082139729X
Total Pages : 209 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Regional Economic Integration in the Middle East and North Africa by : Mustapha Rouis

Download or read book Regional Economic Integration in the Middle East and North Africa written by Mustapha Rouis and published by World Bank Publications. This book was released on 2012-12-11 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.

Economic Integration in the Maghreb

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Publisher : International Monetary Fund
ISBN 13 : 1484378377
Total Pages : 47 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Economic Integration in the Maghreb by : Mr.Alexei P Kireyev

Download or read book Economic Integration in the Maghreb written by Mr.Alexei P Kireyev and published by International Monetary Fund. This book was released on 2019-02-13 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Is MENA a Region? The Scope for Regional Integration

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Publisher : International Monetary Fund
ISBN 13 : 1451980361
Total Pages : 26 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Is MENA a Region? The Scope for Regional Integration by : Mr.Stanley Fischer

Download or read book Is MENA a Region? The Scope for Regional Integration written by Mr.Stanley Fischer and published by International Monetary Fund. This book was released on 1996-04-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyzes the scope and implications of greater economic integration in the Middle East and North Africa (MENA). After reviewing whether MENA satisfies the defining characteristics of a region, it documents the low level of regional economic interaction. It argues that gains from greater regional interactions will depend primarily on implementing domestic reform and external policies that, in any case, are needed for the region to benefit from the broader process of globalization of the world economy. It also discusses measures aimed directly at facilitating regional interaction.

Challenges Of Economic Development In The Middle East And North Africa Region

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Author :
Publisher : World Scientific
ISBN 13 : 9814471658
Total Pages : 566 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Challenges Of Economic Development In The Middle East And North Africa Region by : Julia C Devlin

Download or read book Challenges Of Economic Development In The Middle East And North Africa Region written by Julia C Devlin and published by World Scientific. This book was released on 2010-01-20 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book surveys major economic issues in the development of countries in the Middle East and North Africa (MENA) region since World War II. It presents a framework of analysis highlighting underlying continuities in the region's approach to issues of growth, management of oil and natural resources, post-conflict environments, progress in trade liberalization and regional integration, the use of industrial policy, labor market adjustment and unemployment, educational attainment and poverty incidence. At the same time, this book focuses on emerging differences across countries in the region in the prevailing approach to addressing such challenges most notably between the economies of the Gulf Cooperation Council and other MENA countries.This book also incorporates a discussion of tools and methods used by development practitioners and briefly examines issues of aid effectiveness. The approach used is intended to appeal to a wide audience including students of economic development, political scientists and development practitioners.

Knowledge Economies in the Middle East and North Africa

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Publisher : World Bank Publications
ISBN 13 : 9780821357019
Total Pages : 94 pages
Book Rating : 4.3/5 (57 download)

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Book Synopsis Knowledge Economies in the Middle East and North Africa by : Jean-Eric Aubert

Download or read book Knowledge Economies in the Middle East and North Africa written by Jean-Eric Aubert and published by World Bank Publications. This book was released on 2003-01-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) region has been facing considerable economic challenges. Left behind by the industrial revolution, overly dependent on oil resources, and on the fringes of the globalization process, a number of MENA countries have embarked on structural reforms to overcome economic stagnation, mounting unemployment, and increasing poverty. At the same time, there is growing awareness worldwide that the knowledge revolution offers new opportunities for growth resulting from the availability of information and communication technologies and from the advent of a new form of global economic development rooted in the concept of the knowledge economy, which is based on the creation, acquisition, distribution, and use of knowledge. This book, developed from papers prepared for a World Bank sponsored conference, assesses the challenges confronting the regionA's countries and analyzes their readiness for the knowledge economy based on a set of indicators. It provides quantitative analysis to help benchmark the countries against worldwide knowledge economy trends, identifies key implementation issues, and presents relevant policy experiences. The basic policy elements that underpin a strategy to prepare for a knowledge-based economy are discussed, including: the renovation of education systems, the creation of a climate conducive to innovation, and the development of an efficient telecommunications infrastructure as the foundation of a new era. The formulation of national visions and strategies is also discussed. Examples from the region and other parts of the world illustrate the chapters. A set of data that makes it possible to benchmark and position countriesA' readiness for the knowledge economy is presented in an appendix.

Multilateralism Or Regionalism?

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Publisher : CEPS
ISBN 13 : 9290796030
Total Pages : 121 pages
Book Rating : 4.2/5 (97 download)

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Book Synopsis Multilateralism Or Regionalism? by : Guido Glania

Download or read book Multilateralism Or Regionalism? written by Guido Glania and published by CEPS. This book was released on 2005 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book highlights the multifaceted effects of regional trade agreements and outlines the strategic options for EU trade policy. It points out what is new about this most recent phase of regionalism and analyzes the effects on economic welfare and trade transaction costs. The authors draw upon elements of game theory to explore a self-reinforcing mechanism that is resulting in a potentially damaging race for markets. They focus in particular on the multiple impacts of regionalism on the WTO and the multilateral trading order. The book arrives at an opportune time, as the Doha Round is reaching a critical phase.

Trade Competitiveness of the Middle East and North Africa

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Publisher : World Bank Publications
ISBN 13 : 0821380753
Total Pages : 368 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Trade Competitiveness of the Middle East and North Africa by : Jos R. L pez-C lix

Download or read book Trade Competitiveness of the Middle East and North Africa written by Jos R. L pez-C lix and published by World Bank Publications. This book was released on 2010-07-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475535783
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa by : Mr.Bjoern Rother

Download or read book The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa written by Mr.Bjoern Rother and published by International Monetary Fund. This book was released on 2016-09-16 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.

Informal cross-border trade in Africa: How much? Why? And what impact?

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4./5 ( download)

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Book Synopsis Informal cross-border trade in Africa: How much? Why? And what impact? by : Bouet, Antoine

Download or read book Informal cross-border trade in Africa: How much? Why? And what impact? written by Bouet, Antoine and published by Intl Food Policy Res Inst. This book was released on 2018-12-21 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Informal cross-border trade (ICBT) represents a prominent phenomenon in Africa. Several studies suggest that for certain products and countries, the value of informal trade may meet or even exceed the value of formal trade. This paper provides a review of existing efforts to measure informal trade. We list 18 initiatives aimed at measuring ICBT in Africa. The paper also summarizes discussions conducted with many stakeholders in Africa between December 2016 and May 2018 regarding the measurement, the determinants, and the implications of ICBT. The methodologies used to measure ICBT in Africa differ widely, but they do confirm that informal trade in Africa is both sizeable and volatile. Both evidence on the determinants of ICBT and discussions with stakeholders suggest that policies should aim to reduce the existing costs associated with formal trade and provide positive incentives for traders and producers to move into the formal economy in order to avoid the loss of economic potential stemming from informal trade.

Assessing Regional Integration in Africa V

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Author :
Publisher : UN
ISBN 13 :
Total Pages : 166 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Assessing Regional Integration in Africa V by :

Download or read book Assessing Regional Integration in Africa V written by and published by UN. This book was released on 2012 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifth of the series (ARIA/V) has come at a time of renewed enthusiasm for shortening the period of the vision of the Abuja Treaty. Its overall objective is to provide an analytical research publication that defines frameworks for African Governments, the African Union and the Regional Economic Communities, towards accelerating the establishment of the African Common Market through: the speedy removal of all tariff and non-tariff barriers, obstacles to free movement of people, investments and factors of production in general across Africa, and through fast-tracking the creation of an African continental Free Trade Area

International Handbook on the Economics of Integration

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849806004
Total Pages : 617 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis International Handbook on the Economics of Integration by : Miroslav N. Jovanović

Download or read book International Handbook on the Economics of Integration written by Miroslav N. Jovanović and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'International Handbook on the Economics of Integration edited by Miroslav Jovanovi? provides timely and rich academic contributions to considerations of the widest array of integration-related issues. European integration has been providing an inspiration to a number of academics and researchers. the Handbook is a recognition of the dynamic and strong solidarity of European integration. At the same time, the European Union often provided an example for integration schemes throughout the world which spread enormously since the mid-1990s. Leading experts from all continents contributed to this Handbook which will be a valuable input into academic and policy-making discussions and actions.' - José Manuel Barroso, President of the European Commission

Regional Integration in the Middle East and North Africa

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Author :
Publisher : Springer Nature
ISBN 13 : 9813364521
Total Pages : 228 pages
Book Rating : 4.8/5 (133 download)

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Book Synopsis Regional Integration in the Middle East and North Africa by : Tarik Oumazzane

Download or read book Regional Integration in the Middle East and North Africa written by Tarik Oumazzane and published by Springer Nature. This book was released on 2021-03-25 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses and assesses the Agadir Agreement’s impact on economic integration, its effect on political cooperation, and its role in promoting peace between participating countries in the Middle East and North Africa (MENA). Since the ‘Arab Spring’ of 2011, the geo-political situation in MENA has further drifted towards instability and uncertainty. Expert analysis of the region seems to lurch from one crisis to another without moving beyond a focus on conflict. Few scholars have recognised that the MENA governments have long regarded regional economic integration as a chief policy objective to facilitate intra-regional trade and promote political cooperation and peace. Realising the shortcomings of the various integrative processes, Morocco, Tunisia, Egypt and Jordan signed the Agadir Agreement in 2004. To this date, it stands as one of the most significant economic agreements in the MENA region. Taking into account this variety of factors, this book offers a new assessment of the pull between unity and disunity in the Middle East and North Africa region

A New Multilateralism for the 21st Century

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513598600
Total Pages : 16 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis A New Multilateralism for the 21st Century by : Ms.Christine Lagarde

Download or read book A New Multilateralism for the 21st Century written by Ms.Christine Lagarde and published by International Monetary Fund. This book was released on 2014-02-03 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter presents the content of the Richard Dimbleby lecture, which has been delivered by an influential business or a political figure every year since 1972. Christine Lagarde, Managing Director of the IMF, delivered the 2014 lecture at Guildhall in London on February 3. The 44 nations gathering at Bretton Woods have been determined to set a new course based on the principle that peace and prosperity flow from the font of cooperation. Fundamentally, the new multilateralism needs to instil a broader sense of social responsibility on the part of all players in the modern global economy. A renewed commitment to openness and to the mutual benefits of trade and foreign investment is requested. It also requires collective responsibility for managing an international monetary system that has travelled light-years since the old Bretton Woods system. The collective responsibility would translate into all monetary institutions cooperating closely mindful of the potential impact of their policies on others.

Regional Integration in the Middle East and North Africa

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Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9789813364547
Total Pages : 211 pages
Book Rating : 4.3/5 (645 download)

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Book Synopsis Regional Integration in the Middle East and North Africa by : Tarik Oumazzane

Download or read book Regional Integration in the Middle East and North Africa written by Tarik Oumazzane and published by Palgrave Macmillan. This book was released on 2022-04-09 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses and assesses the Agadir Agreement’s impact on economic integration, its effect on political cooperation, and its role in promoting peace between participating countries in the Middle East and North Africa (MENA). Since the ‘Arab Spring’ of 2011, the geo-political situation in MENA has further drifted towards instability and uncertainty. Expert analysis of the region seems to lurch from one crisis to another without moving beyond a focus on conflict. Few scholars have recognised that the MENA governments have long regarded regional economic integration as a chief policy objective to facilitate intra-regional trade and promote political cooperation and peace. Realising the shortcomings of the various integrative processes, Morocco, Tunisia, Egypt and Jordan signed the Agadir Agreement in 2004. To this date, it stands as one of the most significant economic agreements in the MENA region. Taking into account this variety of factors, this book offers a new assessment of the pull between unity and disunity in the Middle East and North Africa region

Global Trends 2040

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Author :
Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Assessing Regional Integration in Africa

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Author :
Publisher : United Nations, Economic Commission for Africa
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Assessing Regional Integration in Africa by : United Nations. Economic Commission for Africa

Download or read book Assessing Regional Integration in Africa written by United Nations. Economic Commission for Africa and published by United Nations, Economic Commission for Africa. This book was released on 2004 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines progress towards regional integration in Africa; defined as one of the anchoring ideals of African unity and the basis for the New Partnership for Africa's Development (NEPAD) development framework. The report analyses the current state of the integration process, highlighting where efforts have succeeded or failed. Findings include that progress has been mixed across sectors, regional economic communities and member states; with some notable progress in trade, communications, transport and macroeconomic policy. Overall however, substantial gaps remain between goals and achievements of most regional economic communities, particularly in terms of internal African trade, macroeconomic policy convergence, production and physical connectivity. A summary report is also available (ISBN 9211250927)