Publication:
Economic Integration in the GCC

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dc.contributor.authorWorld Bank
dc.date.accessioned2017-08-16T21:04:32Z
dc.date.available2017-08-16T21:04:32Z
dc.date.issued2010
dc.description.abstractThis study discusses the status of economic integration of the six Gulf Cooperation Council (GCC) countries among themselves, with the larger Middle East and North Africa (MENA) region and globally. It also assesses the main challenges to further integration. The GCC is the most advanced example of sub regional integration in the MENA region, and its objectives are among the most ambitious in the developing world. It has evolved well beyond a focus on free trade in goods to embrace high levels of cross-national labor and capital mobility, and the progressive opening of many sectors within each economy to all member states. The GCC has made good progress on regional integration since its establishment in 1981. Integration efforts have gained considerable momentum following the ratification of the Unified economic agreement in 2001, the signing of the customs union agreement in 2003, and the adoption of the common market agreement in 2008. Under the customs union agreement, member countries have eliminated intraregional tariffs, unified external tariffs, and eased trade restrictions, bringing about a notable increase in the value of goods traded among member states.en
dc.identifierhttp://documents.worldbank.org/curated/en/621311468276383272/Economic-integration-in-the-Gulf-Cooperation-Council-GCC
dc.identifier.doi10.1596/27898
dc.identifier.urihttps://hdl.handle.net/10986/27898
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCAPACITY MOBILITY
dc.subjectCROSS-NATIONAL LABOR
dc.subjectECONOMIC INTEGRATION
dc.subjectMEMBER STATE SECTORS
dc.subjectVALUE OF GOODS TRADED
dc.titleEconomic Integration in the GCCen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleEconomic Integration in the GCC
okr.date.disclosure2010-10-27
okr.date.doiregistration2025-05-05T12:03:47.655072Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/621311468276383272/Economic-integration-in-the-Gulf-Cooperation-Council-GCC
okr.guid621311468276383272
okr.identifier.externaldocumentum000356161_20101027034540
okr.identifier.internaldocumentum12915910
okr.identifier.report57517
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/621311468276383272/pdf/575170WP0Box353768B01PUBLIC10GCCStudyweb.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.geographicalMiddle East
okr.topicInternational Economics and Trade::Globalization and Financial Integration
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.topicInternational Economics and Trade::Trade and Services
okr.topicInternational Economics and Trade::World Trade Organization
okr.unitOffice of the Chief Economist (MNACE)
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