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A Middle East Free Trade Area: Economic Interdependence and Peace Considered

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  • Bessma Momani

Abstract

The Bush administration hopes that through a Middle East Free Trade Area (MEFTA), peace and stability can be achieved through intra‐regional economic cooperation. The current impediments to intra‐regional economic cooperation, however, will make a MEFTA a hub‐and‐spoke trade relationship between the United States and the Middle East. Neoliberal arguments for the interrelation of peace and economic interdependence in the context of the Middle East are then considered.

Suggested Citation

  • Bessma Momani, 2007. "A Middle East Free Trade Area: Economic Interdependence and Peace Considered," The World Economy, Wiley Blackwell, vol. 30(11), pages 1682-1700, November.
  • Handle: RePEc:bla:worlde:v:30:y:2007:i:11:p:1682-1700
    DOI: 10.1111/j.1467-9701.2007.01036.x
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    References listed on IDEAS

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    1. Tarik Yousef & Mr. Hassan Al-Atrash, 2000. "Intra-Arab Trade: Is it too Little?," IMF Working Papers 2000/010, International Monetary Fund.
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    Cited by:

    1. Johanes Agbahey & Khalid Siddig & Harald Grethe & Jonas Luckmann, 2022. "Trade policy in a sovereign Palestinian State: What are the options in a final settlement?," The World Economy, Wiley Blackwell, vol. 45(10), pages 3269-3293, October.
    2. Aamer S. Abu-Qarn, 2008. "Six decades of the Israeli-Arab conflict: An assessment of the economic aspects," Economics of Peace and Security Journal, EPS Publishing, vol. 3(2), pages 8-15, July.
    3. Lee, Seung-Hyun & Peng, Mike W. & Song, Sangcheol, 2013. "Governments, entrepreneurs, and positive externalities: A real options perspective," European Management Journal, Elsevier, vol. 31(4), pages 333-347.
    4. World Bank, 2008. "Middle East and North Africa Economic Developments and Prospects, 2008 : Regional Integration for Global Competitiveness," World Bank Publications - Reports 12949, The World Bank Group.
    5. Tayem Ghada, 2015. "Does Foreign Ownership Increase Firms’ Productivity? Evidence from Firms Listed on Amman Stock Exchange," Review of Middle East Economics and Finance, De Gruyter, vol. 11(1), pages 25-54, April.
    6. Imad El-Anis, 2018. "Economic Integration and Security in the Middle East and North Africa: What Prospects for a Liberal Peace?," Journal of Developing Societies, , vol. 34(3), pages 233-263, September.
    7. Miroslav N. Jovanović (ed.), 2011. "International Handbook on the Economics of Integration, Volume I," Books, Edward Elgar Publishing, number 13463.
    8. Tomer Broude, 2011. "Towards a Relance Arabe? Bilateral and Regional Economic Integration Initiatives in the Middle East and North Africa," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 22, Edward Elgar Publishing.

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