Adjusting to New Realities: MENA, The Uruguay Round, and the EU-Mediterranean Initiative

Author/Editor:

Susan Fennell ; Patricia Alonso-Gamo ; Khaled Sakr

Publication Date:

January 1, 1997

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper addresses concerns that the Middle East and North Africa (MENA) region, with the exception of the GCC economies, has lagged behind in trade liberalization. This delay has adversely affected production efficiency and consumer welfare and could reduce the region’s ability to attract foreign investment. Against this background, the paper examines the major challenges facing MENA if it is to benefit from the opportunities presented by the Uruguay Round and the European Union Mediterranean Initiative. It concludes with an overview of measures that MENA countries will need to implement to benefit from these trade-enhancing initiatives.

Series:

Working Paper No. 1997/005

Subject:

Exports Imports International trade Tariffs Taxes Trade barriers Trade liberalization

English

Publication Date:

January 1, 1997

ISBN/ISSN:

9781451842142/1018-5941

Stock No:

WPIEA0051997

Pages:

55

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