This article analyzes the extent to which external partners contribute to the internalization of externalities arising from regional cooperation in the Middle East, that is, the degree to which they help increase welfare gains generated by the projects. This is classified by extent, intensity, and sectors of cooperation. Externalities are defined macroeconomically and sociopolitically. The results show that the international community does play a role in the internalization of externalities. In some cases this role is played by the countries themselves; in others, the participation of external partners can be explained by pure economic and business considerations (for projects that are profitable for the private external investor).
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 3 (2008) Issue (Month): 1 (January) Pages: 73-78 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF