Does the trade structure among the league of Arab states show potential for a successful regional economic integration?

The League of Arab States (LAS) has placed an equally important attention on economic matters whereby the Economic and Social Council of the League adopted resolution No. 1317 of the 1980 Amman Summit declaring the establishment of a Pan-Arab Free Trade Area. This paper investigates whether or not t...

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Main Authors: Hamid, Zarinah, Mohd Amin, Ruzita, Md Saad, Norma
Format: Article
Language:English
Published: SESRIC 2008
Subjects:
Online Access:http://irep.iium.edu.my/4401/
http://irep.iium.edu.my/4401/
http://irep.iium.edu.my/4401/1/2008-Does_Trade_Structure-_JEC%5B1%5D.pdf
id iium-4401
recordtype eprints
spelling iium-44012016-03-06T00:05:10Z http://irep.iium.edu.my/4401/ Does the trade structure among the league of Arab states show potential for a successful regional economic integration? Hamid, Zarinah Mohd Amin, Ruzita Md Saad, Norma HC Economic History and Conditions HD9000 Special industries and trades HF3000 By region or country The League of Arab States (LAS) has placed an equally important attention on economic matters whereby the Economic and Social Council of the League adopted resolution No. 1317 of the 1980 Amman Summit declaring the establishment of a Pan-Arab Free Trade Area. This paper investigates whether or not the LAS possesses the necessary prerequisites for a successful regional trade arrangement. It examines the trade structure among five LAS members, namely Egypt, Jordan, Saudi Arabia, Syria and Oman by analyzing their dynamic exports as well as their “trade concentration”, and “trade divergence” profiles between the years 1990 and 2003. In general, the findings indicate that the existing trade structure may not facilitate intra-regional trade among LAS members. Divergence estimates indicate that only Jordan shows prospects for greater regional exports while the prospects for Egypt, Oman, Saudi Arabia and Syria do not appear to be encouraging. Except for Jordan, exports are found to be highly concentrated especially for Saudi Arabia and Syria. Therefore, based on the findings there is a need for these countries to realign their trade policies in order to promote a more favorable environment for the creation of the Pan-Arab Free Trade Area. SESRIC 2008 Article PeerReviewed application/pdf en http://irep.iium.edu.my/4401/1/2008-Does_Trade_Structure-_JEC%5B1%5D.pdf Hamid, Zarinah and Mohd Amin, Ruzita and Md Saad, Norma (2008) Does the trade structure among the league of Arab states show potential for a successful regional economic integration? Journal of Economic Cooperation Among Islamic Countries, 29 (4). pp. 37-70. ISSN 0252-953X http://www.sesric.org
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HC Economic History and Conditions
HD9000 Special industries and trades
HF3000 By region or country
spellingShingle HC Economic History and Conditions
HD9000 Special industries and trades
HF3000 By region or country
Hamid, Zarinah
Mohd Amin, Ruzita
Md Saad, Norma
Does the trade structure among the league of Arab states show potential for a successful regional economic integration?
description The League of Arab States (LAS) has placed an equally important attention on economic matters whereby the Economic and Social Council of the League adopted resolution No. 1317 of the 1980 Amman Summit declaring the establishment of a Pan-Arab Free Trade Area. This paper investigates whether or not the LAS possesses the necessary prerequisites for a successful regional trade arrangement. It examines the trade structure among five LAS members, namely Egypt, Jordan, Saudi Arabia, Syria and Oman by analyzing their dynamic exports as well as their “trade concentration”, and “trade divergence” profiles between the years 1990 and 2003. In general, the findings indicate that the existing trade structure may not facilitate intra-regional trade among LAS members. Divergence estimates indicate that only Jordan shows prospects for greater regional exports while the prospects for Egypt, Oman, Saudi Arabia and Syria do not appear to be encouraging. Except for Jordan, exports are found to be highly concentrated especially for Saudi Arabia and Syria. Therefore, based on the findings there is a need for these countries to realign their trade policies in order to promote a more favorable environment for the creation of the Pan-Arab Free Trade Area.
format Article
author Hamid, Zarinah
Mohd Amin, Ruzita
Md Saad, Norma
author_facet Hamid, Zarinah
Mohd Amin, Ruzita
Md Saad, Norma
author_sort Hamid, Zarinah
title Does the trade structure among the league of Arab states show potential for a successful regional economic integration?
title_short Does the trade structure among the league of Arab states show potential for a successful regional economic integration?
title_full Does the trade structure among the league of Arab states show potential for a successful regional economic integration?
title_fullStr Does the trade structure among the league of Arab states show potential for a successful regional economic integration?
title_full_unstemmed Does the trade structure among the league of Arab states show potential for a successful regional economic integration?
title_sort does the trade structure among the league of arab states show potential for a successful regional economic integration?
publisher SESRIC
publishDate 2008
url http://irep.iium.edu.my/4401/
http://irep.iium.edu.my/4401/
http://irep.iium.edu.my/4401/1/2008-Does_Trade_Structure-_JEC%5B1%5D.pdf
first_indexed 2023-09-18T20:12:35Z
last_indexed 2023-09-18T20:12:35Z
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