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"While very diverse in many respects, the Middle East and North Africa (MENA) countries nevertheless also share some common characteristics, including a number of important shared challenges for policymakers."The Middle East and North Africa region has great potential for economic growth and prosperity in the 21st century. Yet, this potential will not be realized unless governments and private sector leaders in the region forge partnerships for development. An indispensable resource for all those working within the international development community, especially within the Middle East and North Africa region, Trade Policy Developments in the Middle East and North Africa offers policy and institutional alternatives to help both parties achieve that goal.This volume describes and analyzes recent trade policy developments in the Middle East and North Africa. Contributors—almost all economists from the region—review recent trends in trade performance, assess current trade and investment regimes, and discuss some of the emerging microeconomic policy challenges that confront governments and firms seeking to export and trade. Topics addressed include the need and scope for using regional integration and economic free zones as a tool of development, mobilization of non-trade tax bases, efficient enforcement of product standards to ensure health and safety of citizens, and implementation of modern information technologies to facilitate customs clearance.This book is the second in a series from the Mediterranean Development Forum, a partnership of 10 Middle East and North Africa Region think tanks and the World Bank Institute. This volume will be of interest to development specialists, policymakers, and investors.
This book explores the link between trade policy-making, employment generation and poverty reduction in Arab countries. It argues that, because of recent high population growth and the emergence of an often highly-educated youth population bulge, employment generation ought to be a prime aim of economic and trade policy in Arab countries.
The challenge facing the Arab countries to maintain economic growth in the face of the deteriorating terms of trade affecting all developing countries was addressed in a seminar held in Abu Dhabi in early 1992. This volume, edited by Said El-Naggar, includes papers by contributors from the region as well as from the IMF.
An exploration of the domestic and international pressures that affect economic policy and performance in the Arab states. Paul Rivlin finds that during the last decade of the 20th century these pressures combined to simultaneously foster change and limit available policy options.
At a time when countries in the Middle East and North Africa (MENA) are joining the World Trade Organization, the lack of an economically sound analysis of trade policies in the region is especially notable. This volume remedies the situation by bringing together a distinguished group of applied trade economists to provide a broad view of the state of trade in and among the region's nations. The contributors provide original empirical analyses on key reform issues, and their work reflects deep knowledge of government concerns and policies. Part 1 sets the scene by comparing the performance of the MENA region with the rest of the world on a large number variables and indicators. Part 2 contains a number of CGE model-based analyses of trade policy reform options. Part 3 focuses on specific policy areas: standards as nontariff barriers and red tape, trade facilitation, an assessment of the impact of protecting intellectual property using partial equilibrium techniques, and a review of the existing Euro-Med agreements. Part 4 discusses how the region could benefit from WTO membership and from changing the existing regional integration schemes into arrangements that help promote a growth enhancing reform agenda. The volume will be essential reading for economists and policymakers working in and with the MENA nations, as well as officials at the multilateral and regional institutions. Contributors are A. Halis Akder, Benita Cox, Dean De Rosa, Hana'a Kheir El Din, Sherine El Ghoneim, Oleh Havrylyshyn, Bernard Hoekman, Denise Konan, Peter Kunzel, Will Martin, Keith Maskus, Mustapha Nabli, Thomas Rutherford, Elisabet Rutstrom, David Tarr, Subidey Togan, L. Alan Winters, Alexander Yeats, and Jamel Zarrouk. Bernard Hoekman is an Economist with the Development Research Group's Trade team of the World Bank. Jamel Zarrouk is an Economist with the Arab Monetary Fund.
This important book examines the impact of recent changes in the world economy on trade policy within the MENA region and its economic relations with the rest of the world.
The Arab world is one of the fastest growing economies in the world. In order to keep up with the ever-progressing and expanding developments, advancements must be made with the current systems process and procedures. Knowledge-Based Economic Policy Development in the Arab World focuses on knowledge economy as the most important engine for economic growth and development under the globalizing world economies. This publication analyzes the major issues that constrain further access to knowledge economy in the Arab countries with comparisons in Eastern and Central European economies. Researchers, business practitioners, and academics interested in new economic and development inclusive growth policies will benefit greatly from the wide variety of discussion in this publication.
Would a free trade agreement (FTA) between the nations of the Middle East and the United States be beneficial to both sides? Robert Lawrence provides an analysis that incorporates both economic and political considerations. He documents the scope for enhancing the trade linkages, domestic governance and regional trade of Arab countries. He evaluates the US strategy in negotiating bilateral agreements and reviews in considerable detail the specific agreements that have been negotiated so far and the challenges still to meet if a single overarching arrangement is to be implemented. Lawrence also compares the US approach with the parallel initiative being undertaken by the European Union.