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The impact of regional trade agreements and trade facilitation in the Middle East and North Africa region

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  • Dennis, Allen

Abstract

The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well as trade facilitation improvements, in enhancing the development prospects of the region. Using the Global Trade Analysis Project (GTAP) model and database, both intra-regional integration and integration with the European Union are observed to have a favorable impact on welfare in the MENA region. The welfare gains from integrating with the European Union are observed to be at least twice as much as intra-regional integration. Furthermore, these welfare gains are observed to at least triple when the implementation of the RTAs is complemented with trade facilitation improvements.

Suggested Citation

  • Dennis, Allen, 2006. "The impact of regional trade agreements and trade facilitation in the Middle East and North Africa region," Policy Research Working Paper Series 3837, The World Bank.
  • Handle: RePEc:wbk:wbrwps:3837
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Chris Milner & Oliver Morrissey & Evious Zgovu, "undated". "Trade Facilitation in Developing Countries," Discussion Papers 08/05, University of Nottingham, CREDIT.
    2. Cies´lik, Andrzej & Hagemejer, Jan, 2009. "Assessing the Impact of the EU-sponsored Trade Liberalization in the MENA Countries," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 24, pages 343-368.
    3. Debashis CHAKRABORTY & Sacchidananda MUKHERJEE, 2016. "How Trade Facilitation Measures influence Export Orientation? Empirical Estimates with Logistics Performance Index Data," Journal of Economics Library, KSP Journals, vol. 3(4), pages 554-569, December.
    4. Malik, Adeel & Awadallah, Bassem, 2013. "The Economics of the Arab Spring," World Development, Elsevier, vol. 45(C), pages 296-313.
    5. Richard Pomfret, 2007. "Is Regionalism an Increasing Feature of the World Economy?," The World Economy, Wiley Blackwell, vol. 30(6), pages 923-947, June.
    6. Martinez-Zarzoso Inma & Márquez-Ramos Laura, 2008. "The Effect of Trade Facilitation on Sectoral Trade," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 8(1), pages 1-46, September.
    7. World Bank & International Finance Corporation, 2006. "Doing Business 2007 : How to Reform," World Bank Publications, The World Bank, number 7245, July.
    8. Persson, Maria, 2007. "Trade Facilitation and the EU-ACP Economic Partnership Agreements: Who Has the Most to Gain?," Working Papers 2007:8, Lund University, Department of Economics, revised 01 Oct 2007.

    More about this item

    Keywords

    Free Trade; Trade Law; Trade Policy; Economic Theory&Research; Trade and Regional Integration;

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