Examines important issues in trade in and among nations in the Middle East and North America

Table of contents

Contents

Preface

Tables, Figures, and Boxes

Abbreviations and Acronyms

Introduction

PART ONE: Where Does the Region Stand?

1. Beyond the Year 2000: Implications of the Middle East's Recent Trade Performance
Alexander J. Yeats and Francis Ng

2. Agricultural Trade and Rural Development in the Middle East and North Africa
Dean A. DeRosa

3. Intra-Industry Trade of Arab Countries: An Indicator of Potential Competitiveness
Oleh Havrylshyn and Peter Kunzel

PART TWO: Quantifying the Gains from Liberalization

4. Assessing the Implications for Lebanon of Free Trade with the European Union
Will Martin

5. A Free Trade Agreement between the European Union and a Representative Arab Mediterranean Country: A Quantitative Assessment
Thomas F. Rutherford, Elisabet E. Rutstrom, and David Tarr

6. Rents, Red Tape, and Regionalism: Economic Effects of Deeper Integration
Bernard Hoekman and Denise Konan

PART THREE: Policy Challenges

7. Enhancing Egypt's Exports
James H. Cassing, Samiha Fawzy, Denis Gallagher, and Hanaa Kheir-El-Din

8. Regulatory Regimes and Trade Costs
Jamel Zarrouk

9. Strengthening Intellectual Property Rights in Lebanon
Keith E. Maskus

PART FOUR: Institutional Options

10. The Greater Arab Free Trade Area: Limits and Possibilities
Jamel Zarrouk

11. Benefiting from WTO Accession and Membership
Bernard Hoekman and Jayanta Roy

Contributors

References
 

Description

At a time when countries in the Middle East and North Africa (MENA) are joining the World Trade Organization, the lack of an economically sound analysis of trade policies in the region is especially notable. This volume remedies the situation by bringing together a distinguished group of applied trade economists to provide a broad view of the state of trade in and among the region's nations. The contributors provide original empirical analyses on key reform issues, and their work reflects deep knowledge of government concerns and policies.
Part 1 sets the scene by comparing the performance of the MENA region with the rest of the world on a large number variables and indicators. Part 2 contains a number of CGE model-based analyses of trade policy reform options. Part 3 focuses on specific policy areas: standards as nontariff barriers and red tape, trade facilitation, an assessment of the impact of protecting intellectual property using partial equilibrium techniques, and a review of the existing Euro-Med agreements. Part 4 discusses how the region could benefit from WTO membership and from changing the existing regional integration schemes into arrangements that help promote a growth enhancing reform agenda.
The volume will be essential reading for economists and policymakers working in and with the MENA nations, as well as officials at the multilateral and regional institutions.
Contributors are A. Halis Akder, Benita Cox, Dean De Rosa, Hana'a Kheir El Din, Sherine El Ghoneim, Oleh Havrylyshyn, Bernard Hoekman, Denise Konan, Peter Kunzel, Will Martin, Keith Maskus, Mustapha Nabli, Thomas Rutherford, Elisabet Rutstrom, David Tarr, Subidey Togan, L. Alan Winters, Alexander Yeats, and Jamel Zarrouk.
Bernard Hoekman is an Economist with the Development Research Group's Trade team of the World Bank. Jamel Zarrouk is an Economist with the Arab Monetary Fund.

Bernard Hoekman is an Economist with the Development Research Group's Trade team of the World Bank.

Jamel Zarrouk is an Economist with the Arab Monetary Fund.