مجلة بحوث الإدارة والاقتصاد
Volume 5, Numéro 4, Pages 773-788
2023-12-31
Economic Development Indicators In Arab Free Trade Area And Activating Arab Cooperation
Authors : Dridi Sara . Laib Sanaa .
Abstract
This study aims to identify the reality of economic development within the Arab Free Trade Area, by calculating the arithmetic averages of economic development indicators for a group of countries in the region during the period (2009-2020), and based on that, mechanisms for Arab economic cooperation are proposed. The descriptive analytical approach was adopted to describe and analyze the study of variables during the aforementioned time period. The study concluded that the countries of the Arab area are still far from achieving the desired goals, and therefore it is proposed to establish a common market for Arab economic cooperation and adopt economies of scale to cover the total demand, as well as applying the product life cycle theory to support the competitiveness of Arab production and improve economic development indicators within the Arab bloc.
Keywords
economic development ; fixed investment ; exports ; imports ; Gross domestic Product
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