Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/wbk/wbrwps/2921.html
   My bibliography  Save this paper

Initial conditions and incentives for Arab economic integration : can the European Community's success be emulated?

Author

Listed:
  • Hoekman, Bernard
  • Messerlin, Patrick
Abstract
The authors compare the European Community's"trade fundamentals"prevailing in the 1960s with those applying in Arab countries today. The fundamentals differ significantly-Arab countries trade much less with each other than EC members did, and the importance of such trade in GDP varies greatly. This suggests that a viable Arab integration strategy must follow a path that differs from the preferential trade liberalization-led approach implemented by the European Community. An alternative is to complement long-standing attempts to liberalize merchandise trade with an effort that revolves around service sector reforms and liberalization. This may prove to be an effective mechanism to support reforms as, in principle, there is a major constituency in each Arab country that has an interest in improving the performance of services-the natural resource-based and manufacturing sectors. A key condition for such an approach to be feasible is that Arab cooperation helps overcome political economy resistance to national, unilateral action, or, generates direct gains from cooperation in specific policy areas. The EC experience suggests that a services-based integration strategy will be complex and must be carefully designed and sequenced. Given the importance of services-related trade and logistics transactions costs, a first step might focus on bringing such costs down through a concerted joint effort.

Suggested Citation

  • Hoekman, Bernard & Messerlin, Patrick, 2002. "Initial conditions and incentives for Arab economic integration : can the European Community's success be emulated?," Policy Research Working Paper Series 2921, The World Bank.
    • Handle: RePEc:wbk:wbrwps:2921
    as

    Download full text from publisher

    File URL: http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/11/22/000094946_02110804064084/Rendered/PDF/multi0page.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Mattoo, Aaditya & Fink, Carsten, 2004. "Regional Agreements and Trade in Services: Policy Issues," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 19, pages 742-779.
    2. Konan, Denise Eby & Maskus, Keith E., 2006. "Quantifying the impact of services liberalization in a developing country," Journal of Development Economics, Elsevier, vol. 81(1), pages 142-162, October.
    3. Markusen, James & Rutherford, Thomas F. & Tarr, David, 2000. "Foreign direct investment in services and the domestic market for expertise," Policy Research Working Paper Series 2413, The World Bank.
    4. Joseph F. Francois & Ian Wooton, 2001. "Trade in International Transport Services: The Role of Competition," Review of International Economics, Wiley Blackwell, vol. 9(2), pages 249-261, May.
    5. Patrick Messerlin & Bernard Hoekman, 2002. "Harnessing trade for development and growth in the Middle East," Working Papers hal-03416694, HAL.
    6. L. Alan Winters, 1997. "What Can European Experience Teach Developing Countries About Integration?," The World Economy, Wiley Blackwell, vol. 20(7), pages 889-912, November.
    7. Bernard M. Hoekman & Petros C. Mavroidis, 2000. "WTO Dispute Settlement, Transparency and Surveillance," The World Economy, Wiley Blackwell, vol. 23(4), pages 527-542, April.
    8. Hoekman, B. & Sauve, P., 1995. "Liberalizing Trade in Services," World Bank - Discussion Papers 243, World Bank.
    9. Patrick A. Messerlin, 2001. "Measuring the Costs of Protection in Europe: European Commercial Policy in the 2000s," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 102, April.
    10. Tarik Yousef & Mr. Hassan Al-Atrash, 2000. "Intra-Arab Trade: Is it too Little?," IMF Working Papers 2000/010, International Monetary Fund.
    11. repec:bla:worlde:v:23:y:2000:i:04:p:527-542 is not listed on IDEAS
    12. Schiff, Maurice, 1996. "South-North migration and trade : a survey," Policy Research Working Paper Series 1696, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Felina B. Duncan & Zulal S. Denaux, 2013. "Determinants Of Economic Success In The Middle East And North Africa," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 7(5), pages 25-34.
    2. repec:bla:jcmkts:v:45:y:2007:i::p:1011-1040 is not listed on IDEAS
    3. repec:bla:jcmkts:v:44:y:2006:i::p:507-532 is not listed on IDEAS
    4. World Bank, 2012. "From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report," World Bank Publications - Reports 11886, The World Bank Group.
    5. Nasser Saidi, 2003. "Arab Economic Integration: an Awakening to Remove Barriers to Prosperity," Working Papers 0322, Economic Research Forum, revised Aug 2003.
    6. Thorvaldur Gylfason & Per Magnus Wijkman, 2012. "Which Conflicts can the European Neighbourhood Policy Help Resolve?," CESifo Working Paper Series 3861, CESifo.
    7. World Bank, 2004. "Trade and Regional Cooperation between Afghanistan and its Neighbors," World Bank Publications - Reports 15547, The World Bank Group.
    8. World Bank, 2012. "From Political to Economic Awakening : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 2. Main Report," World Bank Publications - Reports 11887, The World Bank Group.
    9. Ben Hammouda, Hakim & Oulmane, Nassim & Bchir, Hédi & Sadni Jallab, Mustapha, 2006. "The Cost of non-Maghreb: Achieving the Gains from Economic Integration," MPRA Paper 13293, University Library of Munich, Germany.
    10. repec:ocp:rpaper:pp-16/01 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:hal:spmain:info:hdl:2441/8329 is not listed on IDEAS
    2. repec:spo:wpmain:info:hdl:2441/8329 is not listed on IDEAS
    3. repec:hal:wpspec:info:hdl:2441/8329 is not listed on IDEAS
    4. Bernard Hoekman & Patrick Messerlin, 2002. "Initial conditions and incentives for Arab economic integration : can the European Community's success be emulated?," Sciences Po publications WPS2921, Sciences Po.
    5. repec:spo:wpecon:info:hdl:2441/8329 is not listed on IDEAS
    6. Chisari, Omar O. & Maquieyra, Javier & Romero, Carlos A., 2009. "Liberalization of trade in services: A CGE analysis for Argentina, Brazil and Uruguay," MPRA Paper 15336, University Library of Munich, Germany.
    7. Elisabeth M. Christen & Joseph Francois & Bernard Hoekman, 2012. "CGE Modeling of Market Access in Services," Economics working papers 2012-08, Department of Economics, Johannes Kepler University Linz, Austria.
    8. Knobel, Alexander, 2016. "The influence of services trade liberalization on service flows and industry productivity in CIS countries and Russia," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 44, pages 75-99.
    9. Konan, Denise Eby & Van Assche, Ari, 2007. "Regulation, market structure and service trade liberalization," Economic Modelling, Elsevier, vol. 24(6), pages 895-923, November.
    10. Prema‐Chandra Athukorala & Sisira Jayasuriya, 2003. "Food Safety Issues, Trade and WTO Rules: A Developing Country Perspective," The World Economy, Wiley Blackwell, vol. 26(9), pages 1395-1416, September.
    11. Bernard Hoekman, 2002. "Developing Countries and the Political Economy of the Trading System," WIDER Working Paper Series DP2002-126, World Institute for Development Economic Research (UNU-WIDER).
    12. Hoekman, Bernard M, 2002. "Strengthening the global trade architecture for development," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34902, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. Maur, Jean-Christophe, 2008. "Regionalism and trade facilitation : a primer," Policy Research Working Paper Series 4464, The World Bank.
    14. Tarr, David G., 2013. "Putting Services and Foreign Direct Investment with Endogenous Productivity Effects in Computable General Equilibrium Models," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 303-377, Elsevier.
    15. María C. Latorre & Zoryana Olekseyuk & Hidemichi Yonezawa, 2020. "Foreign multinationals in service sectors: A general equilibrium analysis of Brexit," The World Economy, Wiley Blackwell, vol. 43(11), pages 2830-2859, November.
    16. Jeffrey B. Nugent & Abla M. Abdel-Latif, 2010. "A Quiz on the Net Benefits of Trade Creation and Trade Diversion in the QIZs of Jordan and Egypt," Working Papers 514, Economic Research Forum, revised 04 Jan 2010.
    17. Christen, Elisabeth & Francois, Joseph & Hoekman, Bernard, 2013. "Computable General Equilibrium Modeling of Market Access in Services," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1601-1643, Elsevier.
    18. Innwon Park & Soonchan Park, 2011. "Regional Liberalisation of Trade in Services," The World Economy, Wiley Blackwell, vol. 34, pages 725-740, May.
    19. Bernard Hoekman & Will Martín, 1999. "Some Market Access Issues for Developing Countries in a Millennium Round: Results from Recent World Bank Research," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 36(109), pages 947-978.
    20. Lücke, Matthias & Spinanger, Dean, 2004. "Liberalizing international trade in services: Challenges and opportunities for developing countries," Kiel Discussion Papers 412, Kiel Institute for the World Economy (IfW Kiel).
    21. 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.
    22. Nora Dihel & Felix Eschenbach & Ben Shepherd, 2006. "South-South Services Trade," OECD Trade Policy Papers 39, OECD Publishing.
    23. Knobel Aleksandr, 2012. "The influence of services trade liberalization on service flows and industry productivity in CIS countries and Russia," EERC Working Paper Series 12/05e, EERC Research Network, Russia and CIS.
    24. Bernard Hoekman & Aaditya Mattoo, 2000. "Services, economic development and the next round of negotiations on services," Journal of International Development, John Wiley & Sons, Ltd., vol. 12(2), pages 283-296.

    More about this item

    Keywords

    Trade Policy; Environmental Economics&Policies; Common Carriers Industry; Economic Theory&Research; Payment Systems&Infrastructure; TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT; Economic Theory&Research; Environmental Economics&Policies; Trade Policy; Trade and Regional Integration;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:2921. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Roula I. Yazigi (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.