ENGLISH

Arab Industrial Integration: A Strategy for Development

By Elias T. Ghantus

Book information

Publisher
Routledge
Year
2020
ISBN
1000155919, 9781000155914
Language
english
Format
EPUB
Filesize
3 MB (3656394 bytes)
Series
Routledge Library Editions: The Economy of the Middle East
Pages
240\0
Topic
Economy
Time added
2022-09-20 16:24:39

Description

The Arab countries are increasingly recognising their importance as a regional economic grouping. Given the highly skewed distribution of natural, human and financial resources, the course of economic development in the Arab countries seems to be interrelated. Through pooling their resources and markets these countries will not only be able to optimise investment decisions but also broaden the potential for development. This book argues that economic integration is not merely a question of reducing or eliminating discriminatory measures, as emphasised in previous integration attempts. It calls rather for a positive action based on a regional investment strategy which coordinates production programmes, to reap the benefits of specialisation and scale. The book focuses on past industrialisation efforts in the Arab countries and examines the emerging patterns of industrial growth. A pioneering attempt is made to identify specific industries whose economic viability can be enhanced by conceiving them on a regional basis. The book concludes by framing a strategy for an integrated industrial development in the Arab region. First published in 1982.

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