Regional Integration in the Middle East and North Africa

Regional Integration in the Middle East and North Africa
Author: Tarik Oumazzane
Publisher: Palgrave Macmillan
Total Pages: 211
Release: 2022-04-09
Genre: Political Science
ISBN: 9789813364547

This book analyses and assesses the Agadir Agreement’s impact on economic integration, its effect on political cooperation, and its role in promoting peace between participating countries in the Middle East and North Africa (MENA). Since the ‘Arab Spring’ of 2011, the geo-political situation in MENA has further drifted towards instability and uncertainty. Expert analysis of the region seems to lurch from one crisis to another without moving beyond a focus on conflict. Few scholars have recognised that the MENA governments have long regarded regional economic integration as a chief policy objective to facilitate intra-regional trade and promote political cooperation and peace. Realising the shortcomings of the various integrative processes, Morocco, Tunisia, Egypt and Jordan signed the Agadir Agreement in 2004. To this date, it stands as one of the most significant economic agreements in the MENA region. Taking into account this variety of factors, this book offers a new assessment of the pull between unity and disunity in the Middle East and North Africa region

Regional Economic Integration in the Middle East and North Africa

Regional Economic Integration in the Middle East and North Africa
Author: Mustapha Rouis
Publisher: World Bank Publications
Total Pages: 209
Release: 2012-12-11
Genre: Business & Economics
ISBN: 082139729X

This book summarizes the constraints to and opportunities for deepening economic integration within the MENA region and beyond. Trade and investment reform are discussed together with physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics.

Challenges Of Economic Development In The Middle East And North Africa Region

Challenges Of Economic Development In The Middle East And North Africa Region
Author: Julia C Devlin
Publisher: World Scientific
Total Pages: 566
Release: 2010-01-20
Genre: Business & Economics
ISBN: 9814471658

This book surveys major economic issues in the development of countries in the Middle East and North Africa (MENA) region since World War II. It presents a framework of analysis highlighting underlying continuities in the region's approach to issues of growth, management of oil and natural resources, post-conflict environments, progress in trade liberalization and regional integration, the use of industrial policy, labor market adjustment and unemployment, educational attainment and poverty incidence. At the same time, this book focuses on emerging differences across countries in the region in the prevailing approach to addressing such challenges most notably between the economies of the Gulf Cooperation Council and other MENA countries.This book also incorporates a discussion of tools and methods used by development practitioners and briefly examines issues of aid effectiveness. The approach used is intended to appeal to a wide audience including students of economic development, political scientists and development practitioners.

The Economic Development Process in the Middle East and North Africa

The Economic Development Process in the Middle East and North Africa
Author: Alessandro Romagnoli
Publisher: Routledge
Total Pages: 281
Release: 2013-11-12
Genre: Business & Economics
ISBN: 1134447256

Offering a comprehensive analysis of the development of economies in the Middle East and North Africa over the past half century, this book charts the progress of these countries through an examination of an Islamic model of economic development, reform processes, and economic integration. Far from being a simple process, economic development in the Middle East and North Africa is dependent on the interaction of a set of changing systems including; international relations, the political regime, economy, and society. By analysing these interdependent factors, The Economic Development Process in MENA seeks to provide answers to the most pressing issues facing the economies in this area. Providing an interpretation of regional development in light of dialectics between state and society, this book will be of value to students and scholars with an interest in the Middle East, Economics, and International Relations.

Is MENA a Region? The Scope for Regional Integration

Is MENA a Region? The Scope for Regional Integration
Author: Mr.Stanley Fischer
Publisher: International Monetary Fund
Total Pages: 26
Release: 1996-04-01
Genre: Business & Economics
ISBN: 1451980361

The paper analyzes the scope and implications of greater economic integration in the Middle East and North Africa (MENA). After reviewing whether MENA satisfies the defining characteristics of a region, it documents the low level of regional economic interaction. It argues that gains from greater regional interactions will depend primarily on implementing domestic reform and external policies that, in any case, are needed for the region to benefit from the broader process of globalization of the world economy. It also discusses measures aimed directly at facilitating regional interaction.

Economic Integration in the Maghreb

Economic Integration in the Maghreb
Author: Mr.Alexei P Kireyev
Publisher: International Monetary Fund
Total Pages: 47
Release: 2019-02-13
Genre: Business & Economics
ISBN: 1484378377

Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.

Challenges of Growth and Globalization in the Middle East and North Africa

Challenges of Growth and Globalization in the Middle East and North Africa
Author: Mr.Hamid R Davoodi
Publisher: International Monetary Fund
Total Pages: 44
Release: 2003-09-05
Genre: Business & Economics
ISBN: 9781589062290

The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Regional Integration in West Africa

Regional Integration in West Africa
Author: Eswar Prasad
Publisher: Brookings Institution Press
Total Pages: 203
Release: 2021-07-13
Genre: Business & Economics
ISBN: 0815738544

" Assessing the potential benefits and risks of a currency union Leaders of the fifteen-member Economic Community of West African States (ECOWAS) have set a goal of achieving a monetary and currency union by late 2020. Although some progress has been made toward achieving this ambitious goal, major challenges remain if the region is to realize the necessary macroeconomic convergence and establish the required institutional framework in a relatively short period of time. The proposed union offers many potential benefits, especially for countries with historically high inflation rates and weak central banks. But, as implementation of the euro over the past two decades has shown, folding multiple currencies, representing disparate economies, into a common union comes with significant costs, along with operational challenges and transitional risks. All these potential negatives must be considered carefully by ECOWAS leaders seeking tomeet a self-imposed deadline. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how ECOWAS could achieve and manage its currency union, andthe ramifications for the African continent. "

Foreign Policy in North Africa

Foreign Policy in North Africa
Author: Irene Fernandez Molina
Publisher: Routledge
Total Pages: 166
Release: 2020-12-17
Genre: Social Science
ISBN: 100005537X

Foreign Policy in North Africa explores how the foreign policies of North African states, which occupy a peripheral and subaltern position within the global system, have actively responded to the constraints and opportunities stemming from multi-level transformations in the 2010s. What has been the extent of continuity and change in each country’s foreign policy-making and behaviour under such conditions? Which structural and agential factors explain the variations observed, or the lack thereof? Building on scholarship on foreign policy in the Global South and the Middle East and North Africa (MENA) as well as the international impact of the 2011 Arab uprisings, case studies on six different countries focus on a specific level of analysis for each. These range from the global (Tunisia’s financial predicaments and foreign debt negotiations) through the (sub)regional (Egypt’s relationship of necessity with Saudi Arabia, Algeria’s half-hearted policies towards the conflicts in Libya and Mali) to the domestic sphere (Morocco’s power balance between the monarchy and the Islamist-led government, Libya’s extreme state weakness and internal competition among proliferating actors), reaching also the deeper non-state societal level in the case of Mauritania. The volume concludes by examining post-2011 developments in the longstanding Algerian–Moroccan rivalry which hinders regional integration in the Maghreb. Foreign Policy in North Africa will be of great interest to scholars of North African politics and international relations, Middle Eastern and North African studies, foreign policy and global international relations. The chapters were originally published as a special issue of The Journal of North African Studies.