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The Growth Of Regional Economic Integration Agreements And The Middle East

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Author Info

  • Scott L. BAIER

    (John E. Walker Department of Economics, Clemson University)

  • Jeffrey H. BERGSTRAND

    ()
    (Department of Finance, Mendoza College of Business and Fellow, Kellogg Institute for international Studies, University of Notre Dame, and CESifo, Notre Dame, Indiana)

  • Peter EGGER

    (Ifo Institute for Economic Research, Ludwig-Maximilian University of Munich)

Abstract

One of the most notable events of the world economy over the past twenty years has been the phenomenal growth in the number of international economic integration agreements, such as free trade agreements. This paper discusses the roles of “competitive liberalization” by nations’ governments and possible “domino effects” in the process of regionalism. Country pairs that tend to form free trade agreements tend to be closer to each other, more remote from the rest of the world, and larger and more similar in economic size. We examine the role of these economic factors for predicting the likelihoods of bilateral free trade agreements between Israel with Egypt, Jordan, and Saudi Arabia.

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Bibliographic Info

Article provided by Region et Developpement, LEAD, Universite du Sud - Toulon Var in its journal Région et Développement.

Volume (Year): 29 (2009)
Issue (Month): ()
Pages: 11-30

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Handle: RePEc:tou:journl:v:29:y:2009:p:11-30

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Related research

Keywords: ECONOMIC INTEGRATION; FREE TRADE AGREEMENTS; TRADE; TRADE POLICY;

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References

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  1. C. Fred Bergsten, 1996. "Competitive Liberalization and Global Free Trade: A Vision for the Early 21st Century," Working Paper Series WP96-15, Peterson Institute for International Economics.
  2. Robert J. Barro, 2012. "Inflation and Economic Growth," CEMA Working Papers 568, China Economics and Management Academy, Central University of Finance and Economics.
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  11. Nicolas PÉIDY, 2005. "Toward A Pan-Arab Free Trade Area: Assessing Trade Potential Effects Of The Agadir Agreement," The Developing Economies, Institute of Developing Economies, vol. 43(3), pages 329-345, 09.
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