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Harnessing Trade Opportunities in the Middle East and North Africa

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  • Jean-Pierre Chauffour
  • Bernard M.

Abstract

Greater integration into the international economy is a key means through which countries in the Middle East and North Africa can reap the benefits of already existing market opportunities to accelerate economic growth and job creation. An effective economic integration strategy requires complementing reductions in trade barriers with policy reforms to ensure that markets become more competitive (contestable for new entrants) and that operating and transactions costs for firms fall. This paper argues that there are two overarching priority areas for trade-related reforms in many Arab countries: reducing formal trade barriers further, and lowering trade costs through trade facilitation measures and improving “connectivity” for firms, including deeper regional economic integration.

Suggested Citation

  • Jean-Pierre Chauffour & Bernard M., 2013. "Harnessing Trade Opportunities in the Middle East and North Africa," RSCAS Working Papers PP2013/07, European University Institute.
  • Handle: RePEc:rsc:rsceui:pp2013/07
    as

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    References listed on IDEAS

    as
    1. World Bank, 2009. "From Privilege to Competition : Unlocking Private-Led Growth in the Middle East and North Africa," World Bank Publications, The World Bank, number 13524.
    2. Hirut Wolde & Rina Bhattacharya, 2010. "Constraints on Trade in the MENA region," IMF Working Papers 10/31, International Monetary Fund.
    3. Guillaume Daudin & Christine Rifflart & Danielle Schweisguth, 2011. "Who produces for whom in the world economy?," Canadian Journal of Economics, Canadian Economics Association, vol. 44(4), pages 1403-1437, November.
    4. repec:wbk:wbpubs:13523 is not listed on IDEAS
    5. Zaki, Chahir, 2010. "Towards an explicit modeling of trade facilitation in CGE models: evidence from Egypt," MPRA Paper 23353, University Library of Munich, Germany, revised 14 Jun 2010.
    6. Richard Baldwin, 2011. "Trade And Industrialisation After Globalisation's 2nd Unbundling: How Building And Joining A Supply Chain Are Different And Why It Matters," NBER Working Papers 17716, National Bureau of Economic Research, Inc.
    7. Elena Ianchovichina, 2011. "MENA's Non-Oil Export Performance in the Last Decade," World Bank Other Operational Studies 10891, The World Bank.
    8. Bourdet, Yves & Persson, Maria, 2011. "Reaping the Benefits of Deeper Euro-Med Integration Through Trade Facilitation," Working Paper Series 881, Research Institute of Industrial Economics.
    9. Hoekman, Bernard & Sekkat, Khalid, 2010. "Arab Economic Integration: Missing links," CEPR Discussion Papers 7807, C.E.P.R. Discussion Papers.
    10. Chauffour, Jean-Pierre, 2011. "Trade integration as a way forward for the Arab world : a regional agenda," Policy Research Working Paper Series 5581, The World Bank.
    11. Jose R. Lopez-Calix & Peter Walkenhorst & Ndiame Diop, 2010. "Trade Competitiveness of the Middle East and North Africa : Policies for Export Diversification," World Bank Publications, The World Bank, number 2466.
    12. Novella Bottini & Mohamed Ali Marouani & Laura Munro, 2011. "Service Sector Restrictiveness and Economic Performance: An Estimation for the MENA Region," The World Economy, Wiley Blackwell, vol. 34(9), pages 1652-1678, September.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Trade and development; Arab economies; economic integration;

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