Working Papers

International Trade, Regional Integration and Food Security in the Middle East

No.

9406

Publisher

Economic Research Forum (ERF)

Date

May, 1994

Topic

F. International Economics

Abstract Against the background of increasing interest in closer economic relations in the Middle East, the contribution that greater integration of markets might make to improving food security in the region is investigated, using a quantitative framework for gauging the reduction in market supply instability for cereal, meat, and dairy commodities under regional cooperation schemes versus more general policies to increase the integration of Middle East markets with markets in Western Europe and the world at large. Nondiscriminatory trade liberalization yields the greatest improvements in food security, but expansion of intra-regional trade relations also results in increased stability of market supplies, except in the case of wheat and other cereals because of already extensive Middle East imports of these commodities commercially and under bilateral and multilateral food aid programs.