ISSN: 1572-8323
Series editor(s): Professor Manas Chatterji
Subject Area: Sociology and Public Policy
Content: Series Volumes |
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| Title: | On the Economics of Arab Economic Integration |
|---|---|
| Author(s): | Partha Gangopadhyay, Mohamed Elafif |
| Volume: | 18 Editor(s): Manas Chatterji, Darvesh Gopal, Savita Singh ISBN: 978-0-85724-895-4 eISBN: 978-0-85724-896-1 |
| Citation: | Partha Gangopadhyay, Mohamed Elafif (2011), On the Economics of Arab Economic Integration, in Manas Chatterji, Darvesh Gopal, Savita Singh (ed.) Governance, Development and Conflict (Contributions to Conflict Management, Peace Economics and Development, Volume 18), Emerald Group Publishing Limited, pp.203-212 |
| DOI: | 10.1108/S1572-8323(2011)0000018011 (Permanent URL) |
| Publisher: | Emerald Group Publishing Limited |
| Article type: | Chapter Item |
| Abstract: | The elimination of economic impediments and dismantling of trade restrictions have increasingly become a common feature in the economic integration across nations in the world. Many countries in several regions in the world have increased their intra-flows of goods and also inputs. The Arab region has experienced an increase in their labour flows, in particular during the period of oil boom. Consequently, the remittances among the Arab countries registered a steady increase; especially remittances from the Arab Gulf countries (Gulf cooperation council region). Using the panel data fixed effects estimation, the study investigates the relationship between remittances and economic integration in the Arab region covering the period 1983–2003. Despite the rising tide in intra-Arab labour flows, we argue, the harmonisation of economic policies and the removal of further obstacles to intra-labour flows are necessary to give a further fillip to economic integration in the Arab world. Moreover, our work shows that a reduction of the gap between per capita gross domestic products of the Arab countries is important for enhancing Arab economic integration. |
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