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A Middle East Free Trade Area: Economic Interdependence and Peace Considered
Author(s) -
Momani Bessma
Publication year - 2007
Publication title -
world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/j.1467-9701.2007.01036.x
Subject(s) - middle east , economic interdependence , context (archaeology) , economics , economic integration , international free trade agreement , administration (probate law) , international trade , political science , geography , politics , law , archaeology
The Bush administration hopes that through a Middle East Free Trade Area (MEFTA), peace and stability can be achieved through intra‐regional economic cooperation. The current impediments to intra‐regional economic cooperation, however, will make a MEFTA a hub‐and‐spoke trade relationship between the United States and the Middle East. Neoliberal arguments for the interrelation of peace and economic interdependence in the context of the Middle East are then considered.