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The Impact of Regional Trade Agreements and Trade Facilitation in the Middle East North Africa Region

AD VALOREM ADMINISTRATIVE PROCEDURES AGRICULTURAL PRODUCTS AGRICULTURAL TRADE AGRICULTURE AIR TRANSPORT APPAREL ARAB FREE TRADE AGREEMENT BENCHMARK BENEFITS OF TRADE BENEFITS OF TRADE FACILITATION BILATERAL TRADE CARRIERS COMMON MARKET COMPARATIVE ADVANTAGE CONCESSIONS CONSTANT RETURNS TO SCALE CONSUMERS COUNTRY OF ORIGIN CURRENCY CUSTOMS CUSTOMS CLEARANCE CUSTOMS DUTIES CUSTOMS PROCEDURES CUSTOMS UNION CUSTOMS VALUATION DIVIDENDS DOCUMENTARY REQUIREMENTS DOMESTIC MARKETS DOMESTIC SUPPORT DOMESTIC TAXES DYNAMIC EFFECTS DYNAMIC GAINS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC POLICY ECONOMIC SANCTIONS ELASTICITY ELIMINATING TARIFFS EUROPEAN UNION EXPORT PROCEEDS EXPORT STRUCTURES EXPORT SUBSIDIES EXPORTS EXTERNAL TARIFF FACTOR MARKETS FACTORS OF PRODUCTION FREE ACCESS FREE TRADE FREE TRADE AGREEMENTS FREE TRADE AREA FREE-TRADE AREA FRICTIONAL COSTS FULL EMPLOYMENT FUNCTIONAL FORMS GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL ECONOMY GLOBAL MARKETS GLOBAL TRADE GLOBAL TRADE ANALYSIS GOVERNMENT EXPENDITURES GRAVITY MODEL GROWTH GROWTH MODEL HARMONIZATION IMPACT OF TRADE IMPORT BARRIERS IMPORT DUTIES IMPORT LICENSING IMPORT REQUIREMENTS IMPORT TARIFFS IMPORTED GOODS IMPORTS INTERMEDIATE GOODS INTERMEDIATE INPUTS INTERNATIONAL TRADE INTRA-REGIONAL TRADE INVESTMENT CLIMATE INVESTMENT CLIMATES INVESTMENT FLOWS LABOR INTENSIVE LIBERALIZATION EFFORTS MARKET SHARE MEASURE OF TRADE MEMBER COUNTRIES MIDDLE EAST MUTUAL CONCESSIONS NATURAL RESOURCES NON-TARIFF BARRIERS NONTARIFF BARRIERS NORTH AFRICA OIL PRICES OPEN TRADE PER CAPITA INCOME PERFECT COMPETITION POLICY RESEARCH PREFERENTIAL LIBERALIZATION PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PRIVATE SECTOR PRODUCT STANDARDS PRODUCTION FUNCTION PUBLIC SECTOR REAL GDP REGIONAL INITIATIVES REGIONAL INTEGRATION REGIONAL LEVEL REGIONAL PARTNERS REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONAL TRADE INTEGRATION REGIONAL TRADE LIBERALIZATION REGIONAL TRADING PARTNERS REGULATORY BARRIERS RULES OF ORIGIN SHARE OF WORLD EXPORTS STATIC GAINS TARIFF BARRIERS TARIFF LIBERALIZATION TARIFF QUOTAS TECHNICAL BARRIERS TECHNICAL PROGRESS TECHNICAL REGULATIONS TERMS OF TRADE TERMS OF TRADE EFFECTS TRADE TRADE BARRIER TRADE CHANGES TRADE EXPANSION TRADE FACILITATION TRADE FLOWS TRADE IN SERVICES TRADE ISSUES TRADE LIBERALIZATION SCENARIOS TRADE LOGISTICS TRADE ORIENTATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE POLICY ANALYSIS TRADE POLICY REVIEW TRADE REFORM TRADE REFORMS TRADE REGIME TRADE REGIMES TRADING COSTS TRANSACTIONS COSTS TRANSITION PERIOD TRANSPORT COSTS TRANSPORT SERVICES UTILITY FUNCTION VALUE ADDED WAGES WELFARE GAINS WELFARE IMPACTS WORLD ECONOMY WORLD TRADE WTO ZERO TARIFFS
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World Bank, Washington, DC
Middle East and North Africa
2012-06-22T15:32:54Z | 2012-06-22T15:32:54Z | 2006-02

The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well as trade facilitation improvements, in enhancing the development prospects of the region. Using the Global Trade Analysis Project (GTAP) model and database, both intra-regional integration and integration with the European Union are observed to have a favorable impact on welfare in the MENA region. The welfare gains from integrating with the European Union are observed to be at least twice as much as intra-regional integration. Furthermore, these welfare gains are observed to at least triple when the implementation of the RTAs is complemented with trade facilitation improvements.

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