Arab Economic Integration: Between Hope and Reality (Paperback)

Arab Economic Integration: Between Hope and Reality By Ahmed Galal (Editor), Bernard M. Hoekman (Editor) Cover Image
By Ahmed Galal (Editor), Bernard M. Hoekman (Editor)
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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.

About the Author

" Ahmed Galal is Private Sector Development Adviser at the World Bank and a member of the Board of the Egyptian Center for Economic Studies. Bernard Hoekman is research manager, International Trade, in the World Bank's Development Research Group. He is also a research fellow of the Centre for Economic Policy Research, London. "

Product Details
ISBN: 9780815730316
ISBN-10: 0815730314
Publisher: Brookings Institution Press
Publication Date: May 15th, 2003
Pages: 170
Language: English