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This paper has two unique features: it deals with withdrawal from a customs union, which is a neglected aspect of international economic integration, and does so within a macroeconomic framework rather than standard general-partial equilibrium analysis. Withdrawal was in the British Labour...
Persistent link: https://www.econbiz.de/10009391430
In 1997, fourteen Arab countries concluded an agreement, aimed at achieving the Greater Arab Free Trade Area (GAFTA) by 1.1.2007 at the latest. This paper provides a first ex-post appraisal of the GAFTA agreement’s trade effects. Based on new theoretical developments of the gravity equation,...
Persistent link: https://www.econbiz.de/10009415571
The paper is confined to addressing the question of whether a relationship exists between ‘economic rights’ and ‘regional integration’; confined because the title has several manifestations and interpretations. I categorically assert that there is not: regional integration is governed by...
Persistent link: https://www.econbiz.de/10009415592
Non-Tariff Measures (NTMs) have recently become a central issue for economists and policy makers. Based on a new database developed by the World Bank on five Middle East and North African(MENA) countries at a very detailed product level, this article provides calculations of the average tariff...
Persistent link: https://www.econbiz.de/10010840846