From Political to Economic Awakening in the Arab World : The Path of Economic Integration

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. Such an economic awakening...

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Main Author:	Chauffour, Jean-Pierre
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	Arab countries Competitiveness Deauville Partnership Diaspora Diversification Employment Foreign Direct Investment G8 countries Gulf countries Inclusive growth Jobs Market opportunities Market regulations Mediterranean Sustainable growth Trade finance Trade integration Youth Turkey
Online Access:	http://documents.worldbank.org/curated/en/2012/01/17053551/political-economic-awakening-arab-world-path-economic-integration http://hdl.handle.net/10986/12221

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recordtype	oai_dc
spelling	okr-10986-122212021-04-23T14:02:59Z From Political to Economic Awakening in the Arab World : The Path of Economic Integration Chauffour, Jean-Pierre Arab countries Competitiveness Deauville Partnership Diaspora Diversification Employment Foreign Direct Investment G8 countries Gulf countries Inclusive growth Jobs Market opportunities Market regulations Mediterranean Sustainable growth Trade finance Trade integration Youth Turkey 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. Such an economic awakening would need to generate quality employment for the millions of young men and women who are looking for jobs and a decent life. In most Arab countries, it has become evident that the development paradigm of the past cannot achieve the qualitative and inclusive growth expected by the population. Economic integration through increased trade and foreign direct investment (FDI) is one key means available to policy makers in the short to medium term 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. The comprehensiveness of the proposed integration strategy is also designed to facilitate its political feasibility and acceptance. Although any single efficiency-enhancing reform may hurt a particular group or individual, once it is part of a broad and comprehensive reform agenda, the potential negative effects of reform tend to cancel out each other, making everyone a winner. 2013-01-30T21:38:55Z 2013-01-30T21:38:55Z 2013-01 http://documents.worldbank.org/curated/en/2012/01/17053551/political-economic-awakening-arab-world-path-economic-integration 978-0-8213-9669-8 http://hdl.handle.net/10986/12221 English en_US MENA development report; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Middle East and North Africa North Africa Middle East Egypt, Arab Republic of Jordan Libya Morocco Saudi Arabia Tunisia
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	Arab countries Competitiveness Deauville Partnership Diaspora Diversification Employment Foreign Direct Investment G8 countries Gulf countries Inclusive growth Jobs Market opportunities Market regulations Mediterranean Sustainable growth Trade finance Trade integration Youth Turkey
spellingShingle	Arab countries Competitiveness Deauville Partnership Diaspora Diversification Employment Foreign Direct Investment G8 countries Gulf countries Inclusive growth Jobs Market opportunities Market regulations Mediterranean Sustainable growth Trade finance Trade integration Youth Turkey Chauffour, Jean-Pierre From Political to Economic Awakening in the Arab World : The Path of Economic Integration
geographic_facet	Middle East and North Africa North Africa Middle East Egypt, Arab Republic of Jordan Libya Morocco Saudi Arabia Tunisia
relation	MENA development report;
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. Such an economic awakening would need to generate quality employment for the millions of young men and women who are looking for jobs and a decent life. In most Arab countries, it has become evident that the development paradigm of the past cannot achieve the qualitative and inclusive growth expected by the population. Economic integration through increased trade and foreign direct investment (FDI) is one key means available to policy makers in the short to medium term 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. The comprehensiveness of the proposed integration strategy is also designed to facilitate its political feasibility and acceptance. Although any single efficiency-enhancing reform may hurt a particular group or individual, once it is part of a broad and comprehensive reform agenda, the potential negative effects of reform tend to cancel out each other, making everyone a winner.
format	Publications & Research :: Publication
author	Chauffour, Jean-Pierre
author_facet	Chauffour, Jean-Pierre
author_sort	Chauffour, Jean-Pierre
title	From Political to Economic Awakening in the Arab World : The Path of Economic Integration
title_short	From Political to Economic Awakening in the Arab World : The Path of Economic Integration
title_full	From Political to Economic Awakening in the Arab World : The Path of Economic Integration
title_fullStr	From Political to Economic Awakening in the Arab World : The Path of Economic Integration
title_full_unstemmed	From Political to Economic Awakening in the Arab World : The Path of Economic Integration
title_sort	from political to economic awakening in the arab world : the path of economic integration
publisher	Washington, DC: World Bank
publishDate	2013
url	http://documents.worldbank.org/curated/en/2012/01/17053551/political-economic-awakening-arab-world-path-economic-integration http://hdl.handle.net/10986/12221
_version_	1764419230694899712

From Political to Economic Awakening in the Arab World : The Path of Economic Integration

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