GCC and The Arab Economy: Growth, Reform and Regionalization - Economic Research Forum (ERF)

GCC and The Arab Economy: Growth, Reform and Regionalization

Essam Montasser and Osman M. Osman

October, 2003


19 pages

O1. Economic Development

This study attempts to shed some light on the analytical underpinnings of this evaluation with the aim of putting the growth performance of the region in its global context, and providing causal explanations identifying the underlying laws of motion, thus shedding light on the road ahead and what is to be done next. The analytical methods in this study utilize a variety of approaches, including the dynamic disequilibrium linkage approach, in addition to dealing with the interaction among regional development and globalization, international political economy, and regionalization trends and frameworks. It is concluded that regionalization and globalization are not substitutes but complements.

Essam Montasser

Osman M. Osman



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