This chapter investigates the impact of trade facilitation on trade flows for a sample of 20 African economies over the period 2007–2014. Using a panel vector autoregressive framework, it finds that trade facilitation enhances trade flows in those…
The present study attempts to address the important question of whether foreign direct investment (FDI) flowing into the tourism sector has served to enhance economic growth in Mauritius for the period 1984–2014. Using a dynamic vector error…
The last three decades have witnessed a proliferation of regional initiatives which have come about in view of the slow progress achieved at the level of the World Trade Organization (WTO), particularly after the debacle of the Doha Round. The…
The service sector constitutes an important and a growing sector of the global economy as well as in the Arab region. In Oman, the service sector accounts for the highest share in the sectoral composition of the GDP and constitutes a crucial…
The purpose of the present study is to assess the export potential of food and agricultural items from South Asian Association for Regional Cooperation (SAARC) countries to the Gulf Cooperation Council (GCC) countries. We investigated the pattern of…
We empirically evaluate whether fostering trade partnership within the region is a better economic course of action for the Gulf Cooperation Council than engaging into preferential trade arrangements with well-established trade blocs outside the…
Oman’s fish exports to the EU have been experiencing a declining trend since mid-2000s. This paper investigates whether the SPS measures adopted by the EU affect Oman’s fish exports to European markets. The results obtained from the dynamic…
The objective of this paper is to evaluate whether using financial instruments such as commodity hedging using futures and options would help Oman to improve risk management in wheat imports. Around 61% of wheat imports by Oman during the period…
The drastic drop in fuel prices and the resulting fiscal constraints have compelled oil exporting countries to phase down fuel subsidies. This study with use of a simulation model developed by the World Bank has estimated the impact of increase in…
The study explores the impact of trade liberalization on export and import growth in Uganda. A number of developing countries have opened up their own economies to take full advantage of the resultant opportunities for economic development through…