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Does MENA trade too little, both within the region and with other regions? If so, why, and if not, why not?

In: The Economic and Political Aftermath of the Arab Spring

Author

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  • Arian Farshbaf
  • Jeffrey B. Nugent

Abstract

The economies of the Middle East and North Africa (MENA) region have always been characterized by economic volatility and social disparities. The recent ‘Arab Spring’ wave of protests has increased political uncertainty and instability in the region, and this timely book provides an in-depth analysis of the subsequent changes from economic, political and environmental perspectives. The international contributors provide a comprehensive overview of the situation in the Mediterranean Basin, addressing a wide range of contributing factors including: • productivity and innovation • trade and foreign investment • changing geo-political equilibria • labour markets and the role of women • the environment, climate change and energy sourcing.

Suggested Citation

  • Arian Farshbaf & Jeffrey B. Nugent, 2014. "Does MENA trade too little, both within the region and with other regions? If so, why, and if not, why not?," Chapters, in: Carlo Altomonte & Massimiliano Ferrara (ed.), The Economic and Political Aftermath of the Arab Spring, chapter 2, pages 35-78, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15298_2
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    References listed on IDEAS

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    1. Péridy, Nicolas & Abedini, Javad, 2008. "The Greater Arab Free Trade Area(GAFTA): an Estimation of Its Trade Effects," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 23, pages 848-872.
    2. Head, Keith & Mayer, Thierry & Ries, John, 2010. "The erosion of colonial trade linkages after independence," Journal of International Economics, Elsevier, vol. 81(1), pages 1-14, May.
    3. Mustapha Kamel Nabli, 2007. "Breaking the Barriers to Higher Economic Growth : Better Governance and Deeper Reforms in the Middle East and North Africa," World Bank Publications - Books, The World Bank Group, number 6914.
    4. J. M. C. Santos Silva & Silvana Tenreyro, 2006. "The Log of Gravity," The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 641-658, November.
    5. Karolina Ekholm & Johan Torstensson & Rasha Torstensson, 1996. "The Economics of the Middle East Peace Process: Are There Prospects for Trade and Growth?," The World Economy, Wiley Blackwell, vol. 19(5), pages 555-574, September.
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