Arab economic integration : between hope and reality

The Resource Arab economic integration : between hope and reality

Label

Arab economic integration : between hope and reality

Title remainder

between hope and reality

Statement of responsibility

Ahmed Galal, Bernard Hoekman, editors

Language

eng

Summary

Cataloging source

N$T

Illustrations

illustrations

Index

index present

Literary form

non fiction

Nature of contents

Summary expansion

A study by the Egyptian Center for Economic Studies seeks to explain why the attempt to integrate the economies of Arabic countries is still on square one after half a century. Among the questions pursued is whether the experience of the European Union has any lessons. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com)
Improving the economic performance of Arab countries is now more critical than ever. The region faces high population growth rates, rising unemployment, and modest economic growth coupled with increasingly intense competition from emerging markets in eastern Europe, Latin America, and Asia. Meeting these challenges requires finding ways to overcome political obstacles that impede socially beneficial economic reforms. Despite fifty years of repeated attempts at Arab economic integration, the results in terms of intraregional trade and investment flows have been very modest. This book explains why and discusses possible ways forward. The authors draw especially on the success of the European Union to assess the scope of Arab economic integration as an instrument for narrowing the persistent gap between the region's economic potential and its performance

Context

Context of Arab economic integration : between hope and reality

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Context