The main objective of this study is to examine the extent of and
the potential for Arab economic integration. It adds to the growing
literature on the issue of economic integration by throwing the
spotlight on several issues hitherto little considered in the
existing literature. The study especially blends various aspects of
economic integration with models of spatial competition economic
geography regionalization and globalisation to explain the problems
of and prospects for economic integration for the Arab countries.
It is important to realise that economic integration has become an
important aim for almost all countries in the world in particular
less developed countries which need more economic efforts to be
able to deal with the current international milieu and the gale of
globalisation. The Arab countries have engaged in a number of
initiatives to advance economic integration however despite this
the degree of economic integration among them is still relatively
insignificant. The study also attempts to offer theoretical models
to explain the obstacles preventing economic integration in the
Arab world.
General
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