Publication:
Economic Integration in MENA : The GCC, the Maghreb, and the Mashreq

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dc.contributor.authorAkhtar, Shamshad
dc.contributor.authorRouis, Mustapha
dc.date.accessioned2012-08-13T13:31:53Z
dc.date.available2012-08-13T13:31:53Z
dc.date.issued2010-10
dc.description.abstractThough the Middle East and North Africa (MENA) region has weathered the recent global financial and economic crisis relatively well, it still faces daunting medium-term challenges. These include high unemployment (especially among young people), vulnerability to oil and food price shocks and water scarcity and inefficiencies of public sectors. Integration of the region into the global economy has been slow. Of particular concern is the stagnation in the region's share of global non-oil exports, an indication of missed opportunities for diversification and growth. Integration within the region, while rising, is also on the low side when compared with other middle- and high-income regional blocs. To start off the removal of intraregional tariffs under the Pan-Arab Free Trade Area (PAFTA) and the adoption of low common tariffs by the Gulf Cooperation Council (GCC) which coupled with improvements in infrastructure, especially roads and telecommunications is generating benefits. But much remains to be done, especially in reducing nontariff barriers to trade, harmonizing policies and procedures, and facilitating cross-border trade through development of infrastructure links and trade facilitation. Fortunately, trade in services has recently emerged on the agenda of national and regional authorities; this is an area of substantial potential welfare gain for the region.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/10/13724907/economic-integration-mena-gcc-maghreb-mashreq
dc.identifier.doi10.1596/10913
dc.identifier.urihttps://hdl.handle.net/10986/10913
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesMENA Knowledge and Learning Quick Notes Series; No. 33
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBORDER TRADE
dc.subjectBOTTLENECKS
dc.subjectCOMMODITIES
dc.subjectCROSS-BORDER TRADE
dc.subjectDEBT
dc.subjectDEVELOPING WORLD
dc.subjectDRIVERS
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC WELFARE
dc.subjectEUROPEAN UNION
dc.subjectEXPORT DIVERSIFICATION
dc.subjectEXPORTS
dc.subjectFINANCIAL SECTOR
dc.subjectFISCAL POLICY
dc.subjectFOOD PRICE
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFREE TRADE
dc.subjectFREE TRADE AREA
dc.subjectFREE TRADE IN GOODS
dc.subjectGLOBAL COMPETITIVENESS
dc.subjectGLOBAL ECONOMY
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHARMONIZATION
dc.subjectINCOME
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINTRAREGIONAL TRADE
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET STRATEGY
dc.subjectLABOR MARKETS
dc.subjectLIBERALIZATION
dc.subjectMOBILITY
dc.subjectNOMINAL VALUE
dc.subjectOIL EXPORTER
dc.subjectPOLITICAL CONSIDERATIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATIZATION
dc.subjectREGIONAL ACTIVITIES
dc.subjectREGIONAL AUTHORITIES
dc.subjectREGIONAL BLOCS
dc.subjectREGIONAL COOPERATION
dc.subjectREGIONAL ECONOMIC INTEGRATION
dc.subjectREGIONAL INITIATIVES
dc.subjectREGIONAL INSTITUTIONS
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL LEVEL
dc.subjectREGIONAL SPILLOVERS
dc.subjectREGIONAL TRADE
dc.subjectREGIONAL TRADE AGREEMENTS
dc.subjectROADS
dc.subjectSUB-REGION
dc.subjectSUB-REGIONS
dc.subjectSUBREGIONAL INTEGRATION
dc.subjectSUBREGIONS
dc.subjectTRADE FACILITATION
dc.subjectTRADE FLOWS
dc.subjectTRADE INTEGRATION
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE MORE
dc.subjectTRADE PATTERNS
dc.subjectTRADE REFORMS
dc.subjectTRADE REGIMES
dc.subjectTRANSPORT
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORTATION
dc.subjectWEALTH
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.titleEconomic Integration in MENA : The GCC, the Maghreb, and the Mashreqen
dspace.entity.typePublication
okr.date.disclosure2011-02-04
okr.date.doiregistration2025-04-29T10:02:21.497391Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2010/10/13724907/economic-integration-mena-gcc-maghreb-mashreq
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeTrade and Competitiveness
okr.guid416371468279878146
okr.identifier.externaldocumentum000333037_20110204003513
okr.identifier.internaldocumentum13724907
okr.identifier.report59409
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/02/04/000333037_20110204003513/Rendered/PDF/594090BRI0Quic10Box358280B01PUBLIC1.pdfen
okr.region.administrativeMiddle East and North Africa
okr.topicLaw and Development::Trade Law
okr.topicInternational Economics and Trade::Free Trade
okr.topicPrivate Sector Development::Emerging Markets
okr.topicTransport Economics Policy and Planning
okr.topicMacroeconomics and Economic Growth::Regional Economic Development
okr.topicTransport
okr.unitOffice of the Regional Vice Pres (MNAVP)
okr.volume1 of 1
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