Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa

The spectacular economic rise of China and India over the past two decades has accelerated their trade with Africa, Latin America, and the Middle East and North Africa (MENA). Their demands for oil, gas, and other natural resources have been drivin...

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Bibliographic Details
Main Author: Pigato, Miria
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
GDP
WTO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090511010953
http://hdl.handle.net/10986/2626
id okr-10986-2626
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADJUSTMENT ASSISTANCE
AGREEMENT ON TRADE
AGRICULTURAL COMMODITIES
AGRICULTURAL PRODUCTS
AGRICULTURE
APPAREL
APPAREL PRODUCTS
BILATERAL AGREEMENTS
BILATERAL COOPERATION
BUSINESS ENVIRONMENT
CAPITAL FLOWS
CAPITAL GOODS
CAPITAL OUTFLOWS
CAPITAL SURPLUSES
CHANGES IN TRADE
COMMODITY
COMMODITY PRICES
COMMUNICATION
COMMUNICATION TECHNOLOGY
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITION
COMPETITION POLICY
COMPETITIVE PRESSURES
COMPETITIVENESS
CONSUMER PRICES
CONSUMERS
CONSUMPTION
CONSUMPTION RATES
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
DEMAND
DEMOGRAPHIC
DEVELOPING COUNTRIES
DEVELOPMENT
DEVELOPMENT POLICIES
DOMESTIC DEMAND
DOMESTIC ECONOMIES
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRODUCERS
DOMESTIC PRODUCTION
DOUBLE TAXATION
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC INTEGRATION
ECONOMIC POWER
ECONOMIC RELATIONS
ECONOMIC STRUCTURE
ECONOMIES OF SCALE
ENERGY EXPORTS
ENERGY RESOURCES
EQUITY
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT MARKET
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORT PERFORMANCE
EXPORT PRICES
EXPORT SHARE
EXPORT VOLUMES
EXPORTS
EXTERNALITIES
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL SECTOR
FINANCIAL SUPPORT
FISCAL DEFICITS
FORECASTS
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENTS
FOREIGN INVESTORS
FOREIGN MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FUTURE
GDP
GDP PER CAPITA
GEOGRAPHIC DISTRIBUTION
GLOBAL CAPITAL
GLOBAL CAPITAL FLOWS
GLOBAL COMPETITION
GLOBAL MARKET
GLOBAL MARKETS
GLOBAL STANDARDS
GLOBAL TRADE
GLOBAL TRADE ANALYSIS
GOODS
GOVERNANCE
GOVERNMENT SUBSIDIES
GROSS DOMESTIC PRODUCT
GROWTH RATES
HUMAN CAPITAL
IMPORT DUTIES
IMPORT MARKETS
IMPORT PRICES
IMPORT PROTECTION
INCOMES
INDUSTRIAL PRODUCTS
INDUSTRIAL SECTOR
INDUSTRIALIZATION
INPUTS
INSTITUTIONAL INFRASTRUCTURE
INTEREST
INTERMEDIATE INPUTS
INTERNATIONAL INVESTORS
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INVENTORY
INVESTMENT
INVESTMENT FLOWS
INVESTMENT TREATIES
INVESTOR
JOB CREATION
KNOWLEDGE SPILLOVERS
LABOR MARKETS
LIBERALIZATION
LIFE EXPECTANCIES
MACROECONOMIC CONSEQUENCES
MACROECONOMIC STABILITY
MANUFACTURING INDUSTRIES
MARKET ACCESS
MARKET PENETRATION
MARKET PRICE
MARKET SHARE
MARKET SHARES
MARKETS
MULTILATERAL NEGOTIATIONS
NATIONAL INCOME
NATURAL RESOURCES
NET EXPORTERS
NEW MARKET
NEW MARKET OPPORTUNITIES
NEW MARKETS
NEW PRODUCTS
OIL EXPORTERS
OIL IMPORTS
OIL PRICE
OIL PRICES
OIL REVENUES
OPENNESS
OUTCOMES
OUTPUT
OUTSOURCING
PATTERN OF SPECIALIZATION
PORTFOLIO
POWER PARITY
PREFERENTIAL AGREEMENTS
PREFERENTIAL MARKET ACCESS
PRICE VOLATILITY
PRICES
PRIMARY GOODS
PRODUCTION
PRODUCTION STRUCTURES
PRODUCTIVITY GROWTH
PURCHASING POWER
RAPID ECONOMIC GROWTH
RAPID GROWTH
RATE OF GROWTH
REAL ESTATE
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGIONAL TRADE INTEGRATION
REGRESSION ANALYSIS
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY REGIME
REGULATORY REQUIREMENTS
REPUTATION
RULES OF ORIGIN
SECURITY
SHARE OF WORLD EXPORTS
SPECIALIZATION
STATISTICAL ANALYSIS
TARIFF
TARIFF BARRIERS
TARIFFS
TAXATION
TECHNOLOGY TRANSFERS
TELECOMMUNICATIONS
TERMS OF TRADE
THEORY
TOTAL FACTOR PRODUCTIVITY
TRADE
TRADE AGREEMENT
TRADE AGREEMENTS
TRADE BARRIERS
TRADE DATA
TRADE DIVERSION
TRADE FLOWS
TRADE LOGISTICS
TRADE MODELS
TRADE PATTERNS
TRADE POLICIES
TRADE POLICY
TRADE PROTECTION
TRADE RELATIONS
TRADE SHOCKS
TRADITIONAL MARKETS
TRANSACTION COSTS
TRANSACTIONS COSTS
TRENDS
UNEMPLOYMENT
UNFAIR COMPETITION
UNSKILLED LABOR
VALUE
VALUE OF IMPORTS
WAGES
WEALTH
WELFARE
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD MARKETS
WORLD PRICES
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle ADJUSTMENT ASSISTANCE
AGREEMENT ON TRADE
AGRICULTURAL COMMODITIES
AGRICULTURAL PRODUCTS
AGRICULTURE
APPAREL
APPAREL PRODUCTS
BILATERAL AGREEMENTS
BILATERAL COOPERATION
BUSINESS ENVIRONMENT
CAPITAL FLOWS
CAPITAL GOODS
CAPITAL OUTFLOWS
CAPITAL SURPLUSES
CHANGES IN TRADE
COMMODITY
COMMODITY PRICES
COMMUNICATION
COMMUNICATION TECHNOLOGY
COMPARATIVE ADVANTAGE
COMPARATIVE ADVANTAGES
COMPETITION
COMPETITION POLICY
COMPETITIVE PRESSURES
COMPETITIVENESS
CONSUMER PRICES
CONSUMERS
CONSUMPTION
CONSUMPTION RATES
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
DEMAND
DEMOGRAPHIC
DEVELOPING COUNTRIES
DEVELOPMENT
DEVELOPMENT POLICIES
DOMESTIC DEMAND
DOMESTIC ECONOMIES
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRODUCERS
DOMESTIC PRODUCTION
DOUBLE TAXATION
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC INTEGRATION
ECONOMIC POWER
ECONOMIC RELATIONS
ECONOMIC STRUCTURE
ECONOMIES OF SCALE
ENERGY EXPORTS
ENERGY RESOURCES
EQUITY
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT MARKET
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORT PERFORMANCE
EXPORT PRICES
EXPORT SHARE
EXPORT VOLUMES
EXPORTS
EXTERNALITIES
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL SECTOR
FINANCIAL SUPPORT
FISCAL DEFICITS
FORECASTS
FOREIGN COMPETITION
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENTS
FOREIGN INVESTORS
FOREIGN MARKETS
FREE TRADE
FREE TRADE AGREEMENT
FUTURE
GDP
GDP PER CAPITA
GEOGRAPHIC DISTRIBUTION
GLOBAL CAPITAL
GLOBAL CAPITAL FLOWS
GLOBAL COMPETITION
GLOBAL MARKET
GLOBAL MARKETS
GLOBAL STANDARDS
GLOBAL TRADE
GLOBAL TRADE ANALYSIS
GOODS
GOVERNANCE
GOVERNMENT SUBSIDIES
GROSS DOMESTIC PRODUCT
GROWTH RATES
HUMAN CAPITAL
IMPORT DUTIES
IMPORT MARKETS
IMPORT PRICES
IMPORT PROTECTION
INCOMES
INDUSTRIAL PRODUCTS
INDUSTRIAL SECTOR
INDUSTRIALIZATION
INPUTS
INSTITUTIONAL INFRASTRUCTURE
INTEREST
INTERMEDIATE INPUTS
INTERNATIONAL INVESTORS
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
INVENTORY
INVESTMENT
INVESTMENT FLOWS
INVESTMENT TREATIES
INVESTOR
JOB CREATION
KNOWLEDGE SPILLOVERS
LABOR MARKETS
LIBERALIZATION
LIFE EXPECTANCIES
MACROECONOMIC CONSEQUENCES
MACROECONOMIC STABILITY
MANUFACTURING INDUSTRIES
MARKET ACCESS
MARKET PENETRATION
MARKET PRICE
MARKET SHARE
MARKET SHARES
MARKETS
MULTILATERAL NEGOTIATIONS
NATIONAL INCOME
NATURAL RESOURCES
NET EXPORTERS
NEW MARKET
NEW MARKET OPPORTUNITIES
NEW MARKETS
NEW PRODUCTS
OIL EXPORTERS
OIL IMPORTS
OIL PRICE
OIL PRICES
OIL REVENUES
OPENNESS
OUTCOMES
OUTPUT
OUTSOURCING
PATTERN OF SPECIALIZATION
PORTFOLIO
POWER PARITY
PREFERENTIAL AGREEMENTS
PREFERENTIAL MARKET ACCESS
PRICE VOLATILITY
PRICES
PRIMARY GOODS
PRODUCTION
PRODUCTION STRUCTURES
PRODUCTIVITY GROWTH
PURCHASING POWER
RAPID ECONOMIC GROWTH
RAPID GROWTH
RATE OF GROWTH
REAL ESTATE
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGIONAL TRADE INTEGRATION
REGRESSION ANALYSIS
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY REGIME
REGULATORY REQUIREMENTS
REPUTATION
RULES OF ORIGIN
SECURITY
SHARE OF WORLD EXPORTS
SPECIALIZATION
STATISTICAL ANALYSIS
TARIFF
TARIFF BARRIERS
TARIFFS
TAXATION
TECHNOLOGY TRANSFERS
TELECOMMUNICATIONS
TERMS OF TRADE
THEORY
TOTAL FACTOR PRODUCTIVITY
TRADE
TRADE AGREEMENT
TRADE AGREEMENTS
TRADE BARRIERS
TRADE DATA
TRADE DIVERSION
TRADE FLOWS
TRADE LOGISTICS
TRADE MODELS
TRADE PATTERNS
TRADE POLICIES
TRADE POLICY
TRADE PROTECTION
TRADE RELATIONS
TRADE SHOCKS
TRADITIONAL MARKETS
TRANSACTION COSTS
TRANSACTIONS COSTS
TRENDS
UNEMPLOYMENT
UNFAIR COMPETITION
UNSKILLED LABOR
VALUE
VALUE OF IMPORTS
WAGES
WEALTH
WELFARE
WORLD DEVELOPMENT INDICATORS
WORLD ECONOMY
WORLD MARKETS
WORLD PRICES
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
Pigato, Miria
Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
geographic_facet Middle East and North Africa
East Asia
South Asia
Middle East
North Africa
India
China
relation Orientations in Development
description The spectacular economic rise of China and India over the past two decades has accelerated their trade with Africa, Latin America, and the Middle East and North Africa (MENA). Their demands for oil, gas, and other natural resources have been driving new relationships with MENA countries based not only on energy but also on trade, investment, and political ties. Indeed, Dubai has become the center of a new Silk Road, the intersection where people, capital, and ideas meet. And while the financial crisis that hit global markets in 2008 has placed downward pressure on growth, these new relationships are likely to deepen in the coming years. The report's main messages are as follows: a) demand for energy from China and India is expected to increase substantially in the future, thus greatly benefiting oil producing countries in the MENA region; b) the oil exporters in the Gulf have laid big bets on economic diversification and knowledge enterprises, bets they might win, but with lots of risk along the way. Oil price volatility may threaten the sustainability of the recent expansion; and c) the growth of China and India offers new market opportunities for the countries in MENA. Besides energy, potential opportunities, for fertilizers, petrochemicals, crude materials, agricultural products, and a number of manufactured goods where MENA has strong comparative advantages, remain unexploited.
format Publications & Research :: Publication
author Pigato, Miria
author_facet Pigato, Miria
author_sort Pigato, Miria
title Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
title_short Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
title_full Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
title_fullStr Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
title_full_unstemmed Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
title_sort strengthening china's and india's trade and investment ties to the middle east and north africa
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090511010953
http://hdl.handle.net/10986/2626
_version_ 1764385726523244544
spelling okr-10986-26262021-04-23T14:02:03Z Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa Pigato, Miria ADJUSTMENT ASSISTANCE AGREEMENT ON TRADE AGRICULTURAL COMMODITIES AGRICULTURAL PRODUCTS AGRICULTURE APPAREL APPAREL PRODUCTS BILATERAL AGREEMENTS BILATERAL COOPERATION BUSINESS ENVIRONMENT CAPITAL FLOWS CAPITAL GOODS CAPITAL OUTFLOWS CAPITAL SURPLUSES CHANGES IN TRADE COMMODITY COMMODITY PRICES COMMUNICATION COMMUNICATION TECHNOLOGY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITION COMPETITION POLICY COMPETITIVE PRESSURES COMPETITIVENESS CONSUMER PRICES CONSUMERS CONSUMPTION CONSUMPTION RATES COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER DEMAND DEMOGRAPHIC DEVELOPING COUNTRIES DEVELOPMENT DEVELOPMENT POLICIES DOMESTIC DEMAND DOMESTIC ECONOMIES DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRODUCERS DOMESTIC PRODUCTION DOUBLE TAXATION ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC POWER ECONOMIC RELATIONS ECONOMIC STRUCTURE ECONOMIES OF SCALE ENERGY EXPORTS ENERGY RESOURCES EQUITY EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT OPPORTUNITIES EXPORT PERFORMANCE EXPORT PRICES EXPORT SHARE EXPORT VOLUMES EXPORTS EXTERNALITIES FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL SECTOR FINANCIAL SUPPORT FISCAL DEFICITS FORECASTS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENTS FOREIGN INVESTORS FOREIGN MARKETS FREE TRADE FREE TRADE AGREEMENT FUTURE GDP GDP PER CAPITA GEOGRAPHIC DISTRIBUTION GLOBAL CAPITAL GLOBAL CAPITAL FLOWS GLOBAL COMPETITION GLOBAL MARKET GLOBAL MARKETS GLOBAL STANDARDS GLOBAL TRADE GLOBAL TRADE ANALYSIS GOODS GOVERNANCE GOVERNMENT SUBSIDIES GROSS DOMESTIC PRODUCT GROWTH RATES HUMAN CAPITAL IMPORT DUTIES IMPORT MARKETS IMPORT PRICES IMPORT PROTECTION INCOMES INDUSTRIAL PRODUCTS INDUSTRIAL SECTOR INDUSTRIALIZATION INPUTS INSTITUTIONAL INFRASTRUCTURE INTEREST INTERMEDIATE INPUTS INTERNATIONAL INVESTORS INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE INVENTORY INVESTMENT INVESTMENT FLOWS INVESTMENT TREATIES INVESTOR JOB CREATION KNOWLEDGE SPILLOVERS LABOR MARKETS LIBERALIZATION LIFE EXPECTANCIES MACROECONOMIC CONSEQUENCES MACROECONOMIC STABILITY MANUFACTURING INDUSTRIES MARKET ACCESS MARKET PENETRATION MARKET PRICE MARKET SHARE MARKET SHARES MARKETS MULTILATERAL NEGOTIATIONS NATIONAL INCOME NATURAL RESOURCES NET EXPORTERS NEW MARKET NEW MARKET OPPORTUNITIES NEW MARKETS NEW PRODUCTS OIL EXPORTERS OIL IMPORTS OIL PRICE OIL PRICES OIL REVENUES OPENNESS OUTCOMES OUTPUT OUTSOURCING PATTERN OF SPECIALIZATION PORTFOLIO POWER PARITY PREFERENTIAL AGREEMENTS PREFERENTIAL MARKET ACCESS PRICE VOLATILITY PRICES PRIMARY GOODS PRODUCTION PRODUCTION STRUCTURES PRODUCTIVITY GROWTH PURCHASING POWER RAPID ECONOMIC GROWTH RAPID GROWTH RATE OF GROWTH REAL ESTATE REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONAL TRADE INTEGRATION REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REGIME REGULATORY REQUIREMENTS REPUTATION RULES OF ORIGIN SECURITY SHARE OF WORLD EXPORTS SPECIALIZATION STATISTICAL ANALYSIS TARIFF TARIFF BARRIERS TARIFFS TAXATION TECHNOLOGY TRANSFERS TELECOMMUNICATIONS TERMS OF TRADE THEORY TOTAL FACTOR PRODUCTIVITY TRADE TRADE AGREEMENT TRADE AGREEMENTS TRADE BARRIERS TRADE DATA TRADE DIVERSION TRADE FLOWS TRADE LOGISTICS TRADE MODELS TRADE PATTERNS TRADE POLICIES TRADE POLICY TRADE PROTECTION TRADE RELATIONS TRADE SHOCKS TRADITIONAL MARKETS TRANSACTION COSTS TRANSACTIONS COSTS TRENDS UNEMPLOYMENT UNFAIR COMPETITION UNSKILLED LABOR VALUE VALUE OF IMPORTS WAGES WEALTH WELFARE WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD MARKETS WORLD PRICES WORLD TRADE WORLD TRADE ORGANIZATION WTO The spectacular economic rise of China and India over the past two decades has accelerated their trade with Africa, Latin America, and the Middle East and North Africa (MENA). Their demands for oil, gas, and other natural resources have been driving new relationships with MENA countries based not only on energy but also on trade, investment, and political ties. Indeed, Dubai has become the center of a new Silk Road, the intersection where people, capital, and ideas meet. And while the financial crisis that hit global markets in 2008 has placed downward pressure on growth, these new relationships are likely to deepen in the coming years. The report's main messages are as follows: a) demand for energy from China and India is expected to increase substantially in the future, thus greatly benefiting oil producing countries in the MENA region; b) the oil exporters in the Gulf have laid big bets on economic diversification and knowledge enterprises, bets they might win, but with lots of risk along the way. Oil price volatility may threaten the sustainability of the recent expansion; and c) the growth of China and India offers new market opportunities for the countries in MENA. Besides energy, potential opportunities, for fertilizers, petrochemicals, crude materials, agricultural products, and a number of manufactured goods where MENA has strong comparative advantages, remain unexploited. 2012-03-19T10:03:21Z 2012-03-19T10:03:21Z 2009 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090511010953 978-0-8213-7776-5 http://hdl.handle.net/10986/2626 English Orientations in Development CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication Middle East and North Africa East Asia South Asia Middle East North Africa India China