Publication:
From Political to Economic Awakening : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 2. Main Report

dc.contributor.authorWorld Bank
dc.date.accessioned2012-12-04T21:36:56Z
dc.date.available2012-12-04T21:36:56Z
dc.date.issued2012-05
dc.description.abstractThe forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent economic awakening. Economic integration through increased trade and foreign direct investment (FDI) is one key means available in the short to medium term to policy makers to put the Partnership countries on a higher path of sustainable economic growth and in a position to decisively tackle the problem of unemployment, especially youth unemployment. To be sure, skepticism abounds in the region over the merits of trade and FDI and the integrity of the private sector in light of "crony capitalism," where the benefits of past policies are perceived to have accrued only to a well-connected few. Leadership is needed in both Partnership countries and Deauville partners to provide a credible long-term vision and explain the mutual benefits of economic integration. One such powerful vision could be the pursuit of a partnership aimed at gradually promoting four key freedoms in the Mediterranean and beyond: the free movement of goods, services, capital, and eventually persons. The implementation of far-reaching domestic reforms in Partnership countries will be critical to effectively reap the growth and employment opportunities offered by greater economic integration and regulatory convergence with the most advanced economies. To further enhance trade and FDI and to achieve the vision of an Arab world more integrated into global markets, the trade and commerce pillar of the Deauville Partnership could therefore focus on four overarching priority areas of reforms and support: (a) improve market access opportunities and market regulations; (b) foster competitiveness, diversification, and employment; (c) facilitate trade and mobilize trade finance and diaspora resources; and (d) promote the inclusiveness, equity, and sustainability of the structural transformation brought about by the process of integration.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/05/16283852/political-economic-awakening-arab-world-path-economic-integration-deauville-partnership-report-trade-foreign-direct-investment-vol-2-2-main-report
dc.identifier.urihttps://hdl.handle.net/10986/11887
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.subjectCOMPETITIVENESS
dc.subjectDIASPORA RESOURCES
dc.subjectDOMESTIC REFORMS
dc.subjectECONOMIC INTEGRATION
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectMARKET ACCESS
dc.subjectSUSTAINABLE ECONOMIC GROWTH
dc.subjectTRADE
dc.subjectUNEMPLOYMENT
dc.titleFrom Political to Economic Awakening : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 2. Main Reporten
dspace.entity.typePublication
okr.date.disclosure2012-05-23
okr.doctypeEconomic & Sector Work::Foreign Trade, FDI, and Capital Flows Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2012/05/16283852/political-economic-awakening-arab-world-path-economic-integration-deauville-partnership-report-trade-foreign-direct-investment-vol-2-2-main-report
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeTrade and Competitiveness
okr.identifier.externaldocumentum000333038_20120525021154
okr.identifier.internaldocumentum16283852
okr.identifier.report68832
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/05/25/000333038_20120525021154/Rendered/PDF/688320vol020ES05023020120Box369244B.pdfen
okr.region.administrativeMiddle East and North Africa
okr.sectorIndustry and trade :: Other domestic and international trade
okr.sectorIndustry and trade :: General industry and trade sector
okr.themeTrade and integration :: Trade facilitation and market access
okr.themeTrade and integration :: Technology diffusion
okr.themeTrade and integration :: Regional integration
okr.themeTrade and integration :: Export development and competitiveness
okr.themeTrade and integration :: Other trade and integration
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Trade Policy
okr.topicPrivate Sector Development::Emerging Markets
okr.topicEconomic Theory & Research
okr.topicEnvironmental Economics & Policies
okr.topicMacroeconomics and Economic Growth
okr.topicEnvironment
okr.volume2 of 2
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
688320vol020ES05023020120Box369244B.pdf
Size:
4.12 MB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
688320vol020ES05023020120Box369244B.txt
Size:
819.55 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: