Regional Economic Integration in the Middle East and North Africa

Limited integration has stifled the Middle East and North Africa (MENA) region's significant potential for economic growth and job creation. Home to 5.5 percentage of the world's population and 3.9 percentage of the world's Gross Domestic Product (GDP), the region's share of nonoil world trade is only 1.8 percentages. By contrast, countries opting for a liberal trade and investment regime most notably in East Asia have seen significant increases in trade, employment, and per capita income. If petroleum and gas are included, Middle East and North Africa (MENA) is far more integrated in the world economy, with exports accounting for 6.2 percentages of global trade. Oil and gas exports are three-quarters of total MENA's exports.

Bibliographic Details

Main Author:	Rouis, Mustapha
Language:	English en_US
Published:	World Bank, Washington, DC 2013-05
Subjects:	AGRICULTURAL PRODUCTS, AIR, BARRIERS TO TRADE, BORDER TRADE, COMMODITIES, COMMUNICATIONS TECHNOLOGY, COMPETITIVE REGIONS, CROSSINGS, DEVELOPMENT STRATEGY, ECONOMIC INTEGRATION, ECONOMIC REFORMS, EXPORT DIVERSIFICATION, EXPORTS, EXTERNAL TARIFF, EXTERNAL TARIFFS, FINANCIAL CRISIS, FINANCIAL INSTITUTIONS, FOREIGN FIRMS, FREE TRADE, FREE TRADE AREA, FREE TRADE ZONE, GDP, GLOBAL MARKETS, GLOBAL TRADE, GROSS DOMESTIC PRODUCT, HARMONIZATION, HIGH TRANSPORTATION, IMPORT TARIFF, IMPORTS, INTERNATIONAL COMPETITIVENESS, INTERNATIONAL STANDARDS, INTRAREGIONAL TRADE, INVESTMENT BARRIERS, INVESTMENT FLOWS, INVESTMENT REGIME, JOB CREATION, KNOWLEDGE SPILLOVERS, LIBERALIZATION, MIDDLE-INCOME ECONOMIES, MOBILITY, MOST FAVORED NATION, OIL IMPORTERS, PER CAPITA INCOME, PREFERENTIAL TARIFF, PREFERENTIAL TARIFF TREATMENT, PREFERENTIAL TRADE, PREFERENTIAL TRADE AGREEMENTS, PRIVATIZATION, PRODUCTION COSTS, PRODUCTIVITY GROWTH, PUBLIC OWNERSHIP, QUALITY OF TRANSPORT, RAIL, RAIL NETWORK, RAILWAYS, RAPID EXPANSION, REFORM PROGRAMS, REGIONAL INTEGRATION, REGULATORY FRAMEWORKS, ROAD, RULES OF ORIGIN, TARIFF EQUIVALENT, TARIFF PROTECTION, TELECOMMUNICATIONS, TOURISM, TRADE BARRIERS, TRADE COSTS, TRADE FACILITATION, TRADE IN GOODS, TRADE IN SERVICES, TRADE LOGISTICS, TRADE PREFERENCES, TRADE RESTRICTIONS, TRANSPORT, TRANSPORT INFRASTRUCTURE, TRANSPORTATION COSTS, VERTICAL INTEGRATION, WORLD DEVELOPMENT INDICATORS, WORLD ECONOMY, WORLD TRADE, WTO,
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17776454/regional-economic-integration-middle-east-north-africa https://hdl.handle.net/10986/20566
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