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Arab economic integration...?Running Head: ARAB ECONOMIC INTEGRATION Topic: Arab economic integration Executive summary This research paper mainly focuses initiation of the Arab economic integration more specific on Persian Gulf GCC countries. It provides a clear description of the of the market environment in these countries as well as the strategies that the governments of the respective member states have put in place to enhance the efforts of integration. The paper further focuses on both the major challenges that limit the implementation process and the possible approaches that can be adopted so as to achieve optimum economic...
16 Pages(4000 words)Research Paper
Regional integration of MENA: Stumbling blocks or stepping stones...1980s showed inclination towards diversification of export products mainly from fossil fuels and to various other sectors. This idea also reflects their policy as the region considers this theme to be the integral part of economic growth (Dogruel, A., and Tekce, 2010). However in the context of integration of commodity and service trade MENA region is less aggressive as compared to other regions of the globe. As Middle Eastern countries market share in the global exports (non fuels based) is less than 1%, meanwhile 4% of market share is possessed by Latin America comparatively. However, MEENA’s interregional trade is...
10 Pages(2500 words)Research Paper
Regional Integration: GCC...similar countries and how it helps under-developed countries to cope up with the developing ones. Integration through: Commodity Trade and Service Trade The GCC is an economic, political, social, regional organization but more stress is given to the economic sector. This is because of the reason that economy plays an important role in the development of a country. The members of the GCC have agreed to towards creating a Single Market (SM). In order to achieve this goal, Free Trade Area (FTA) has been established which stated that foreign goods imported from outside shall have a custom tariff of 5 percent (DCCI Govt, n.d.). Further, equality was given in certain important...
10 Pages(2500 words)Essay
Regional Economic Integration...? Running head: REGIONAL ECONOMIC INTEGRATION Regional Economic Integration Autor’s al Affiliations REGIONAL ECONOMIC INTEGRATION Abstract The regional economic integration of such Asian countries as Philippines, Taiwan, Malaysia, and Indonesia was studied in the context of a visual research task. The GDP by economic sectors of the Philippines is 14, 9% of agriculture, 29, 1% - industry and 51, 1% - service sector (2009 est.). The GDP of Taiwan is 3 % of agriculture, 35% - industry and 73% of a service sector. In the...
2 Pages(500 words)Essay
Economic Integration Law...?Economic Integration Law Introduction Over the past few years globalisation has brought tremendous benefits to the global economic community across the continent, and made greater reliance on others for products and services. It leads to the closer international cooperation whiles ensuring the regional integration is ever more inclusive and works for the benefits of all. As years pass on there is an increasing trend witnessed in regional economic integration. According to World Trade Organisation (WTO) report, more than 150 member countries are enlisted in one or the other trade agreements at...
26 Pages(6500 words)Essay
Regional integration arrangements...An Analysis of Regional Integration and Multilateralism Insert An Analysis of Regional Integration and Multilateralism
Globalization is an international phenomenon with far-reaching consequences in the social, political and economic realms. Economic globalization, namely the spread of neoliberalism and capitalist-inspired consumerism as the dominant engine of economic growth, has both supporters and detractors. The world is becoming more and more interdependent and whether people think globalization is a good or bad thing, it is here to stay. Along with globalization, regional...
17 Pages(4250 words)Coursework
Regional integration...growth is presently the highest in the world. But, the implementation of the ideas of regional integration have not been implemented to the optimum levels, with economies such as indonesia and burma (present day myanmar) left behind in the race towards economic development. The mistakes lies both within the framework of these regional organizations as well as due to a lack of initiative on the part of the respective governments of these countries (UNESCAP, 2005 pp.145-146).
The seven major companies within the ASEAN have an estimated holding reserves of around $100 billion, which is now many times than that of the acia-pacific region put...
4 Pages(1000 words)Essay
Regional and Economic International Organizations...Regional and Economic International Organizations Term 2 Essay “The Bretton Woods regime is a product of the US-centred vision of world order.” Do you agree?
I Introduction
This essay will analyze the role of the Bretton Woods regime since its creation, and will look at how its institutions have influenced states through policies favoring the interests of the United States. The essay begins by analyzing the Bretton Woods regime, its institutions and structures and how its formation has favored the United States’ interests at a global level creating an American-centred vision of world order.
Following the devastation of the Second World War, much of the global economy lay in total ruin. Old orders, ways of...
8 Pages(2000 words)Essay
Regional Economic Integration (BLOBAL BUSINESS)...Regional Economic Integration Regional integration is a process in which countries come together to focus on issues that influence their development and boost trade amongst them. There exist four fundamental types of regional integration. These include: free trade area, customs union, common market and economic union. Free trade area, for instance the North American Free Trade Agreement (NAFTA) presents the simplest form of economic integration where all member states cancel all trade obstacles between them (Laursen 34). However, member nations have the freedom to...
1 Pages(250 words)Essay
Regional Integration for and Against Articles...Advantages and Disadvantages of Economic Blocks The Central American Integration System (CAIS) is the political and economic organization of the nations in the Central American region since February 1, 1993. On December 13, 1991 the ODECA countries entered into a Protocol of Tegucigalpa that extended earlier cooperation for regional peace democracy, political freedom, and economic development.
This article analyses the advantages and disadvantages of the membership of the CAIS.
Advantages
Firstly, the member state enjoys lower tariff or non-tariff trade restrictions that increase trade and increase consumer choice. In the case of the...
4 Pages(1000 words)Research Paper