From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report
The forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent economic awakening. Economic integration throu...
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| Format: | Foreign Trade, FDI, and Capital Flows Study |
| Language: | English en_US |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/05/16283799/political-economic-awakening-arab-world-path-economic-integration-deauville-partnership-report-trade-foreign-direct-investment-vol-1-2-overview-report http://hdl.handle.net/10986/11886 |
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okr-10986-11886 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO INFORMATION ADVANCED ECONOMIES ADVERSE CONSEQUENCES AGREEMENT ON TRADE AGRICULTURE BARRIERS BENEFITS BILATERAL TRADE BONDS BUDGETARY SUPPORT BUSINESS CLIMATE BUSINESS ENVIRONMENT CAPACITY BUILDING CAPITAL ACCUMULATION CLIMATE CHANGE COMMODITY COMMON MARKET COMMUNICATION COMMUNICATION TECHNOLOGIES COMMUNICATIONS COMMUNICATIONS TECHNOLOGY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITION COMPETITION POLICY COMPETITIVENESS COMPLIANCE COSTS CONNECTIVITY CONSUMERS CREDIT CRITERIA CUSTOMERS CUSTOMS UNION DEMOCRACIES DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT PATH DEVELOPMENT POLICY DEVELOPMENT PROJECTS DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DIVIDENDS DOMESTIC MARKET DOMESTIC MARKETS ECONOMIC CONDITIONS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC LIBERALIZATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMIC STABILIZATION ECONOMIES ECONOMIES OF SCALE EFFICIENCY EMERGING ECONOMIES ENERGY EXPORTS ENVIRONMENT ENVIRONMENTAL ENVIRONMENTAL PROTECTION EQUITY EXCHANGES EXPECTATIONS EXPORT CREDIT FACTORS OF PRODUCTION FAILURES FARMS FINANCE PRODUCTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL REFORMS FINANCIAL RESOURCES FISHERIES FLOW OF CAPITAL FOOD POLICY RESEARCH FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOSSIL FUELS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AGREEMENTS FREE TRADE AREA FUTURE GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GLOBALIZATION GOVERNANCE GOVERNMENT ACTION GROSS DOMESTIC PRODUCT GROWTH RATES HIGH UNEMPLOYMENT HUMAN RIGHTS INCOMES INFLATIONARY PRESSURE INFLUENCE INFORMAL ECONOMY INPUTS INSURANCE INSURANCE PRODUCTS INTELLECTUAL PROPERTY INTEREST INTERESTS INTERMEDIATE GOODS INTERNATIONAL BEST PRACTICES INTERNATIONAL COOPERATION INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT BARRIERS INVESTMENT CLIMATE INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENTS INVESTORS JOB CREATION JUDICIAL REFORMS KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKET LAND LINE OF CREDIT MACROECONOMIC STABILITY MARKET ACCESS MARKET ECONOMIES MARKET REGULATIONS MUTUAL RECOGNITION NATIONAL INCOME NEGATIVE EXTERNALITIES NEW MARKETS OIL OIL IMPORTERS OIL SECTOR OPEC OPEN MARKET ECONOMIES OUTCOMES OUTPUTS PER CAPITA INCOMES POLICY INSTRUMENTS POLICY MAKERS POLITICAL ECONOMY POLITICAL SYSTEM POVERTY ALLEVIATION PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PRICE PRICES PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR GROWTH PRIVATIZATION PRODUCTIVITY PROPERTY PUBLIC GOODS PUBLIC POLICIES PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS QUOTAS REAL ESTATE RED TAPE REGIONAL INTEGRATION REGIONAL POWERS REGIONAL TRADE REGULATORY AGENCIES REGULATORY CONVERGENCE REGULATORY ENVIRONMENT REMOTE REGIONS RENEWABLE ENERGY RENT RENT SEEKING RESOURCES REVENUES SAVING SAVINGS SECURITY SECURITY CONCERNS SHARE SKILLED WORKERS SOCIAL DEVELOPMENT SOCIAL PROTECTION STRUCTURAL CHANGE SUBSIDIES SUSTAINABLE ECONOMIC GROWTH SUSTAINABLE GROWTH TARIFFS TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGES TECHNOLOGICAL PROGRESS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TERMS OF TRADE TRADE TRADE FACILITATION TRADE FINANCE TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICY TRADE RELATIONSHIPS TRADING BLOCS TRADING SYSTEM TRANSPARENCY TRENDS UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES UTILITY VALUE VALUES VENTURE CAPITAL VENTURE CAPITAL FUNDS WAGES WEALTH WEALTH CREATION WELFARE WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO |
| spellingShingle |
ACCESS TO INFORMATION ADVANCED ECONOMIES ADVERSE CONSEQUENCES AGREEMENT ON TRADE AGRICULTURE BARRIERS BENEFITS BILATERAL TRADE BONDS BUDGETARY SUPPORT BUSINESS CLIMATE BUSINESS ENVIRONMENT CAPACITY BUILDING CAPITAL ACCUMULATION CLIMATE CHANGE COMMODITY COMMON MARKET COMMUNICATION COMMUNICATION TECHNOLOGIES COMMUNICATIONS COMMUNICATIONS TECHNOLOGY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITION COMPETITION POLICY COMPETITIVENESS COMPLIANCE COSTS CONNECTIVITY CONSUMERS CREDIT CRITERIA CUSTOMERS CUSTOMS UNION DEMOCRACIES DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT PATH DEVELOPMENT POLICY DEVELOPMENT PROJECTS DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DIVIDENDS DOMESTIC MARKET DOMESTIC MARKETS ECONOMIC CONDITIONS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC LIBERALIZATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMIC STABILIZATION ECONOMIES ECONOMIES OF SCALE EFFICIENCY EMERGING ECONOMIES ENERGY EXPORTS ENVIRONMENT ENVIRONMENTAL ENVIRONMENTAL PROTECTION EQUITY EXCHANGES EXPECTATIONS EXPORT CREDIT FACTORS OF PRODUCTION FAILURES FARMS FINANCE PRODUCTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL REFORMS FINANCIAL RESOURCES FISHERIES FLOW OF CAPITAL FOOD POLICY RESEARCH FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOSSIL FUELS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AGREEMENTS FREE TRADE AREA FUTURE GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GLOBALIZATION GOVERNANCE GOVERNMENT ACTION GROSS DOMESTIC PRODUCT GROWTH RATES HIGH UNEMPLOYMENT HUMAN RIGHTS INCOMES INFLATIONARY PRESSURE INFLUENCE INFORMAL ECONOMY INPUTS INSURANCE INSURANCE PRODUCTS INTELLECTUAL PROPERTY INTEREST INTERESTS INTERMEDIATE GOODS INTERNATIONAL BEST PRACTICES INTERNATIONAL COOPERATION INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT BARRIERS INVESTMENT CLIMATE INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENTS INVESTORS JOB CREATION JUDICIAL REFORMS KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKET LAND LINE OF CREDIT MACROECONOMIC STABILITY MARKET ACCESS MARKET ECONOMIES MARKET REGULATIONS MUTUAL RECOGNITION NATIONAL INCOME NEGATIVE EXTERNALITIES NEW MARKETS OIL OIL IMPORTERS OIL SECTOR OPEC OPEN MARKET ECONOMIES OUTCOMES OUTPUTS PER CAPITA INCOMES POLICY INSTRUMENTS POLICY MAKERS POLITICAL ECONOMY POLITICAL SYSTEM POVERTY ALLEVIATION PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PRICE PRICES PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR GROWTH PRIVATIZATION PRODUCTIVITY PROPERTY PUBLIC GOODS PUBLIC POLICIES PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS QUOTAS REAL ESTATE RED TAPE REGIONAL INTEGRATION REGIONAL POWERS REGIONAL TRADE REGULATORY AGENCIES REGULATORY CONVERGENCE REGULATORY ENVIRONMENT REMOTE REGIONS RENEWABLE ENERGY RENT RENT SEEKING RESOURCES REVENUES SAVING SAVINGS SECURITY SECURITY CONCERNS SHARE SKILLED WORKERS SOCIAL DEVELOPMENT SOCIAL PROTECTION STRUCTURAL CHANGE SUBSIDIES SUSTAINABLE ECONOMIC GROWTH SUSTAINABLE GROWTH TARIFFS TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGES TECHNOLOGICAL PROGRESS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TERMS OF TRADE TRADE TRADE FACILITATION TRADE FINANCE TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICY TRADE RELATIONSHIPS TRADING BLOCS TRADING SYSTEM TRANSPARENCY TRENDS UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES UTILITY VALUE VALUES VENTURE CAPITAL VENTURE CAPITAL FUNDS WAGES WEALTH WEALTH CREATION WELFARE WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO World Bank From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report |
| geographic_facet |
Middle East and North Africa |
| description |
The forces unleashed by the Arab
political awakening have the power to be transformational.
One critical parameter of success will be whether the Arab
political awakening is accompanied by a concurrent economic
awakening. Economic integration through increased trade and
foreign direct investment (FDI) is one key means available
in the short to medium term to policy makers to put the
Partnership countries on a higher path of sustainable
economic growth and in a position to decisively tackle the
problem of unemployment, especially youth unemployment. To
be sure, skepticism abounds in the region over the merits of
trade and FDI and the integrity of the private sector in
light of "crony capitalism," where the benefits of
past policies are perceived to have accrued only to a
well-connected few. Leadership is needed in both Partnership
countries and Deauville partners to provide a credible
long-term vision and explain the mutual benefits of economic
integration. One such powerful vision could be the pursuit
of a partnership aimed at gradually promoting four key
freedoms in the Mediterranean and beyond: the free movement
of goods, services, capital, and eventually persons. The
implementation of far-reaching domestic reforms in
Partnership countries will be critical to effectively reap
the growth and employment opportunities offered by greater
economic integration and regulatory convergence with the
most advanced economies. To further enhance trade and FDI
and to achieve the vision of an Arab world more integrated
into global markets, the trade and commerce pillar of the
Deauville Partnership could therefore focus on four
overarching priority areas of reforms and support: (a)
improve market access opportunities and market regulations;
(b) foster competitiveness, diversification, and employment;
(c) facilitate trade and mobilize trade finance and diaspora
resources; and (d) promote the inclusiveness, equity, and
sustainability of the structural transformation brought
about by the process of integration. |
| format |
Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report |
| title_short |
From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report |
| title_full |
From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report |
| title_fullStr |
From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report |
| title_full_unstemmed |
From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report |
| title_sort |
from political to economic awakening in the arab world : the path of economic integration - deauville partnership report on trade and foreign direct investment, volume 1. overview report |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/05/16283799/political-economic-awakening-arab-world-path-economic-integration-deauville-partnership-report-trade-foreign-direct-investment-vol-1-2-overview-report http://hdl.handle.net/10986/11886 |
| _version_ |
1764418275413852160 |
| spelling |
okr-10986-118862021-04-23T14:02:58Z From Political to Economic Awakening in the Arab World : The Path of Economic Integration - Deauville Partnership Report on Trade and Foreign Direct Investment, Volume 1. Overview Report World Bank ACCESS TO INFORMATION ADVANCED ECONOMIES ADVERSE CONSEQUENCES AGREEMENT ON TRADE AGRICULTURE BARRIERS BENEFITS BILATERAL TRADE BONDS BUDGETARY SUPPORT BUSINESS CLIMATE BUSINESS ENVIRONMENT CAPACITY BUILDING CAPITAL ACCUMULATION CLIMATE CHANGE COMMODITY COMMON MARKET COMMUNICATION COMMUNICATION TECHNOLOGIES COMMUNICATIONS COMMUNICATIONS TECHNOLOGY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITION COMPETITION POLICY COMPETITIVENESS COMPLIANCE COSTS CONNECTIVITY CONSUMERS CREDIT CRITERIA CUSTOMERS CUSTOMS UNION DEMOCRACIES DEREGULATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT PATH DEVELOPMENT POLICY DEVELOPMENT PROJECTS DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DIVIDENDS DOMESTIC MARKET DOMESTIC MARKETS ECONOMIC CONDITIONS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC LIBERALIZATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMIC STABILIZATION ECONOMIES ECONOMIES OF SCALE EFFICIENCY EMERGING ECONOMIES ENERGY EXPORTS ENVIRONMENT ENVIRONMENTAL ENVIRONMENTAL PROTECTION EQUITY EXCHANGES EXPECTATIONS EXPORT CREDIT FACTORS OF PRODUCTION FAILURES FARMS FINANCE PRODUCTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL REFORMS FINANCIAL RESOURCES FISHERIES FLOW OF CAPITAL FOOD POLICY RESEARCH FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOSSIL FUELS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AGREEMENTS FREE TRADE AREA FUTURE GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETS GLOBALIZATION GOVERNANCE GOVERNMENT ACTION GROSS DOMESTIC PRODUCT GROWTH RATES HIGH UNEMPLOYMENT HUMAN RIGHTS INCOMES INFLATIONARY PRESSURE INFLUENCE INFORMAL ECONOMY INPUTS INSURANCE INSURANCE PRODUCTS INTELLECTUAL PROPERTY INTEREST INTERESTS INTERMEDIATE GOODS INTERNATIONAL BEST PRACTICES INTERNATIONAL COOPERATION INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT BARRIERS INVESTMENT CLIMATE INVESTMENT OPPORTUNITIES INVESTMENT POLICY INVESTMENTS INVESTORS JOB CREATION JUDICIAL REFORMS KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKET LAND LINE OF CREDIT MACROECONOMIC STABILITY MARKET ACCESS MARKET ECONOMIES MARKET REGULATIONS MUTUAL RECOGNITION NATIONAL INCOME NEGATIVE EXTERNALITIES NEW MARKETS OIL OIL IMPORTERS OIL SECTOR OPEC OPEN MARKET ECONOMIES OUTCOMES OUTPUTS PER CAPITA INCOMES POLICY INSTRUMENTS POLICY MAKERS POLITICAL ECONOMY POLITICAL SYSTEM POVERTY ALLEVIATION PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PRICE PRICES PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR GROWTH PRIVATIZATION PRODUCTIVITY PROPERTY PUBLIC GOODS PUBLIC POLICIES PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS QUOTAS REAL ESTATE RED TAPE REGIONAL INTEGRATION REGIONAL POWERS REGIONAL TRADE REGULATORY AGENCIES REGULATORY CONVERGENCE REGULATORY ENVIRONMENT REMOTE REGIONS RENEWABLE ENERGY RENT RENT SEEKING RESOURCES REVENUES SAVING SAVINGS SECURITY SECURITY CONCERNS SHARE SKILLED WORKERS SOCIAL DEVELOPMENT SOCIAL PROTECTION STRUCTURAL CHANGE SUBSIDIES SUSTAINABLE ECONOMIC GROWTH SUSTAINABLE GROWTH TARIFFS TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGES TECHNOLOGICAL PROGRESS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TERMS OF TRADE TRADE TRADE FACILITATION TRADE FINANCE TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICY TRADE RELATIONSHIPS TRADING BLOCS TRADING SYSTEM TRANSPARENCY TRENDS UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES UTILITY VALUE VALUES VENTURE CAPITAL VENTURE CAPITAL FUNDS WAGES WEALTH WEALTH CREATION WELFARE WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO The forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent economic awakening. Economic integration through increased trade and foreign direct investment (FDI) is one key means available in the short to medium term to policy makers to put the Partnership countries on a higher path of sustainable economic growth and in a position to decisively tackle the problem of unemployment, especially youth unemployment. To be sure, skepticism abounds in the region over the merits of trade and FDI and the integrity of the private sector in light of "crony capitalism," where the benefits of past policies are perceived to have accrued only to a well-connected few. Leadership is needed in both Partnership countries and Deauville partners to provide a credible long-term vision and explain the mutual benefits of economic integration. One such powerful vision could be the pursuit of a partnership aimed at gradually promoting four key freedoms in the Mediterranean and beyond: the free movement of goods, services, capital, and eventually persons. The implementation of far-reaching domestic reforms in Partnership countries will be critical to effectively reap the growth and employment opportunities offered by greater economic integration and regulatory convergence with the most advanced economies. To further enhance trade and FDI and to achieve the vision of an Arab world more integrated into global markets, the trade and commerce pillar of the Deauville Partnership could therefore focus on four overarching priority areas of reforms and support: (a) improve market access opportunities and market regulations; (b) foster competitiveness, diversification, and employment; (c) facilitate trade and mobilize trade finance and diaspora resources; and (d) promote the inclusiveness, equity, and sustainability of the structural transformation brought about by the process of integration. 2012-12-04T21:27:05Z 2012-12-04T21:27:05Z 2012-05 http://documents.worldbank.org/curated/en/2012/05/16283799/political-economic-awakening-arab-world-path-economic-integration-deauville-partnership-report-trade-foreign-direct-investment-vol-1-2-overview-report http://hdl.handle.net/10986/11886 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Economic & Sector Work Middle East and North Africa |