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Title: Arab Economic Integration: Missing links

Author(s): Bernard Hoekman and Khalid Sekkat

Publication Date: May 2010

Keyword(s): Arab economies, Arab League, GCC, PAFTA, regional integration and trade agreements

Programme Area(s): International Trade and Regional Economics

Abstract: This paper surveys the recent literature on Arab economic integration, discusses the goals and progress that has been made to date and some of the key policy, regulatory and political factors that underpin the segmentation of Arab markets. It argues that there has been an excessive focus by both analysts and policymakers on trade in goods and that the prospects for ? and returns to ? efforts to deepen integration of other markets (services, labor and capital) are likely to be higher.

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Bibliographic Reference

Hoekman, B and Sekkat, K. 2010. 'Arab Economic Integration: Missing links'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7807