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The Gulf Co-operation Council: A Slow Path to Integration?

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Author Info
Humayon A. Dar
John R. Presley
Abstract

This paper assesses the progress towards the intra-regional integration among the GCC countries. We find that although there is limited trade integration in the region as a whole, there are specific countries (for example Bahrain and Oman) that are significantly integrated with at least one trade partner from within the region. The paper argues that the GCC region will have to create a consensus on the trade barriers on the imports from outside the region if progress towards the intra-regional integration is to be increased. Copyright Blackwell Publishers Ltd 2001.

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File URL: http://www.blackwell-synergy.com/links/doi/10.1111/1467-9701.00405
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Publisher Info
Article provided by Blackwell Publishing in its journal The World Economy.

Volume (Year): 24 (2001)
Issue (Month): 9 (09)
Pages: 1161-1178
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Handle: RePEc:bla:worlde:v:24:y:2001:i:9:p:1161-1178

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  1. Suleiman Abu-Bader & Aamer Abu-Qarn, 2006. "On the Optimality of a GCC Monetary Union: Structural VAR, Common Trends and Common Cycles Evidence," Working Papers 225, Ben-Gurion University of the Negev, Department of Economics. [Downloadable!]
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