Format:
1 online resource (220 pages)
ISBN:
9780821377772
,
0821377760
,
9780821377765
Content:
China and India's spectacular economic rise over the last two decades has accelerated their trade and investment flows with the Middle East and North Africa (MENA), particularly with the oil-producing countries. And while these flows are still small, China and India's presence in the region is on the rise. This report focuses on the following questions:what have been evolution and the impact of MENA's trade and investment relations with China and India? what actions can be taken to maximize the benefits from these relations and to enhance MENA's international integration? The main findings indicate that the region as a whole has benefited from the rise of China and India in terms of better terms of trade, significant increases in oil and gas exports, and cheaper imports. However, producers of industrial goods have been negatively-and in a few cases severely-affected by competition with the two Asian countries in both third and domestic markets. While China and India are investing more in MENA, they are contributing very little to job creation or to the transfer and diffusion of technology. Faster growth in the two Asian countries-and the associated higher demand for energy-will increase revenues from oil and the difficult choices associated with their management. For the labor-abundant, non oil-producing countries, competition with China and India will increase. But the lack of competitive manufacturing industries and services, the insufficient attention given in the past to building technological capabilities and promoting openness and entrepreneurship are constraining their ability to respond to competition. They need to accelerate productivity to tackle unemployment, especially among youth. This may require the broader institutional changes seen in China and India-suggesting the importance of a pragmatic reform agenda that can accelerate
Content:
Contents -- Acknowledgments -- Abbreviations -- Overview -- Chapter One: Trading with China and India -- Intensified Trade Relations -- Are Exports from China and India Displacing MENA's Exports in Third Markets? -- The Growing Presence of China and India in MENA's Markets -- Looking East: Is MENA Seizing Opportunities in Trade with India and China? -- Conclusion -- Notes -- Chapter Two: Nonoil Export Diversification and Growth in a Competitive World -- Nonoil Export Growth and Diversification -- Labor-Abundant Countries' Participation in Global Production Sharing -- Trade Policies to Increase MENA's Integration with China and India -- China and India as Markets -- Conclusion -- Notes -- Chapter Three: Challenges and Opportunities i nGlobal Service Trade -- Trade in Services -- China, India, and MENA: Competing Internationally -- China and India as Growing Markets for MENA Services -- The Way Forward -- Conclusion -- Notes -- Chapter Four: MENA's Investment Links with China and India -- MENA, China, and India as Recipients of Global Capital Flows -- MENA, China, and India as International Investors -- MENA as an Investor in China and India -- China and India as Investors in MENA -- Chinese and Indian Investments Other Than Energy -- Conclusion -- Notes -- Chapter Five: Directions for the Future -- Effect of Growth in China and India on MENA Countries -- Meeting the Challenge of Competition with China and India -- Conclusion -- Notes -- Appendixes -- A Statistical Information -- B MENA's Export Growth Analysis -- C MENA's Response to Increased Competition in the Apparel Markets -- D The Regulatory Framework of Foreign Direct Investment in MENA Countries -- E Global Trade Analysis Project Methodology and Simulations Results -- Boxes -- 1.1 Effect of China's and India's Growth on Trade Flows: A Review of the Literature.
Note:
Description based on publisher supplied metadata and other sources
,
Contents; Acknowledgments; Abbreviations; Overview; Chapter One: Trading with China and India; Tables; Figures; Boxes; Chapter Two: Nonoil Export Diversification and Growth in a Competitive World; Chapter Three: Challenges and Opportunities i nGlobal Service Trade; Chapter Four: MENA's Investment Links with China and India; Chapter Five: Directions for the Future; Appendixes; Bibliography; Index
Additional Edition:
ISBN 9780821377765
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780821377765
Language:
English
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