From political to economic awakening in the Arab world : the path of economic integration : a trade and foreign direct investment report for the Deauville Partnership
Author(s)
Bibliographic Information
From political to economic awakening in the Arab world : the path of economic integration : a trade and foreign direct investment report for the Deauville Partnership
(MENA development report)
World Bank, c2013
- Other Title
-
A report on trade and foreign direct investment for the Deauville Partnership
Available at 11 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references
Description and Table of Contents
Description
The popular grievances that have fuelled the Arab Spring since 2010 demonstrate that past development paradigms have failed to deliver the inclusive and sustainable growth expected by Arab populations. Countries in the Middle East and North Africa (MENA) region have failed to develop a strong private sector that is linked with global markets, survives without state assistance, and generates productive employment for young people. One key symptom of this failure is that, with the exception of the petroleum sector, MENA remains the least trade-integrated region in the world. The creation of the Deauville Partnership, launched by the Group of Eight (G8) in Deauville, France, in May 2011, was thus strategic and timely.
At the request of the Deauville Partnership, From Political to Economic Awakening in the Arab World provides an analytical framework for increasing trade and foreign direct investment (FDI) for The Arab Republic of Egypt, Jordan, Libya, Morocco, and Tunisia (the 'Partnership Countries'). Increased trade and FDI is a key means by which Partnership countries can achieve a path of sustainable growth that reduces youth unemployment. Moreover, trade and investment can also show short-term results. The G8 countries, Turkey, the Gulf states, and other Deauville Partners can help the new Arab democracies achieve their objectives in two main ways: by effectively expanding market opportunities and by supporting domestic regulatory reforms.
To start implementing a long-term vision of increased trade and investment integration, based on an integrated economic space in the Mediterranean basin, the Deauville Partnership could focus on these priority areas: helping Partnership Countries adapt to a fast-changing trade, FDI, and jobs landscape; improving market access opportunities and market regulations; fostering competitiveness, diversification, and employment; facilitating trade and mobilising trade finance and diaspora resources; and promoting inclusiveness, equity, and sustainability of the structural transformation brought about by the process of integration. The success of the Arab political awakening will greatly depend on the emergence of such an economic awakening that can generate quality employment for the millions of young Arab men and women who seek jobs and decent lives.
by "Nielsen BookData"