Strengthening China and India's Trade and Investment Ties to the Middle East and North Africa.
Title:
Strengthening China and India's Trade and Investment Ties to the Middle East and North Africa.
Author:
Pigato, Miria.
ISBN:
9780821377772
Personal Author:
Physical Description:
1 online resource (220 pages)
Contents:
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.
1.2 World Bank Studies on Latin America and Africa -- 2.1 Determinants of Intraindustry Trade -- 3.1 Trade in Services: Four Modes of Supply -- 3.2 Why Failed Liberalization Can Produce Disappointing Results -- 4.1 Chinese and Indian FDI in Morocco, Algeria, and the Arab Republic of Egypt -- 5.1 Methodological Approaches -- Figures -- 1.1 MENA's Exports Growth, by Destination, 1996-2006 -- 1.2 MENA's Merchandise Trade with India and China, 1995-2005 -- 1.3 MENA's Rising Terms of Trade with China and India, 2000-06 -- 1.4 MENA's Composition of Trade with China and India, 2006 -- 1.5 Shares in World Trade of Goods and Services -- 1.6 Displacing MENA's Exports -- 1.7 Correlation of MENA's Revealed Comparative Advantage Indexes with China's and India's -- 2.1 Export Diversification in Selected MENA Countries, 1995 and 2005 -- 2.2 MENA Intraindustry Trade Index, by Country -- 2.3 EU and U.S. Triangular Trade with China, India, and MENA, 1995 and 2005 -- 2.4 Triangular Trade Index for China, India, and MENA, 1995 and 2005 -- 2.5 MENA Triangular Trade to European Union, by Sectors, 1995 and 2005 -- 2.6 Most-Favored-Nation Duties across MENA -- 2.7 Bilateral Import-Weighted Average of Applied Import Duties, 2006 -- 2.8 Tariff Barriers with China and India, by Type of Good -- 2.9 Logistics Performance of MENA Countries -- 2.10 Number of Import Surges from China -- 2.11 Number of Import Surges from India -- 2.12 Tariff Barriers in China and India, 1997-2007 -- 3.1 Growth of Total Service Exports in MENA, China, and India, 1998-2005 -- 3.2 Net Trade in Services, 2006 -- 3.3 Construction Service Exports -- 3.4 Average Salary Increase in the GCC, 2005-06 -- 3.5 Entry Modes of Chinese Construction Companies in African Markets -- 3.6 Communication Service Exports, 2000-05 -- 3.7 Air Transport of Passengers, 2000-05 -- 3.8 Air Freight, 2000-05.
3.9 Projections of Personal and Business Travel, 2008-17 -- 3.10 Major Destinations for Indian Outbound Tourists, 2005 -- 3.11 Commitments under GATS Mode 1 -- 3.12 Commitments under GATS Mode 3 -- 4.1 FDI Outflows in MENA: Top Five Countries, 2004-06 -- 4.2 GCC Estimated Geographic Distribution of Capital Outflows, 2002-06 -- 4.3 GCC Net Flows of Portfolio and Net Direct Investment, 1980-2006 -- 4.4 Top Five MENA Investors in China, 2003-05 -- 4.5 Cumulative FDI Flows from China to MENA Countries, 2003-06 -- 4.6 Cumulative FDI Flows from India by World Regions, 2000-06 -- 4.7 Cumulative FDI Flows from India by Destination Country in MENA, 2000-06 -- 5.1 Change in Manufactured Exports Because of High Growth in China and India -- 5.2 Changes in Export Volumes under Different Assumptions of Growth Relative to Baseline -- A.1 MENA's Oil Exports, by Destinations, 1997 and 2006 -- A.2 MENA's Gas Exports, by Destinations, 1997 and 2006 -- Tables -- 1.1 Selected Economic Indicators -- 1.2 Contribution of China and India to the Rise in Global Energy Demand -- 1.3 Competition in MENA's Domestic Markets -- 1.4 MENA Exports That Underperformed in China and India -- 2.1 Export Growth and Change in Market Shares, 1995 and 2006 -- 2.2 Decomposition of Export Growth into Intensive and Extensive Margins, 1995-2005 -- 2.3 Export Market Penetration Index, 1995 and 2005 -- 2.4 Bilateral Export Market Penetration Indexes, 2005 -- 2.5 Manufacturing Trade by Stage of Production, 2006 -- 2.6 Change in Value of Imports as a Result of a China-Agadir Free Trade Agreement -- 2.7 Change in Value of Imports as a Result of an India-Agadir Free Trade Agreement -- 3.1 Overview of Trade in Services -- 3.2 MENA Top Container Port Traffic, 2006 -- 3.3 Logistics Performance Index, MENA Region, 2007 -- 3.4 Chinese Tourist Arrivals in MENA Countries, 1995-2005.
4.1 Foreign Direct Investment in MENA -- 4.2 Capital Outflows from MENA Oil-Exporting Countries, 2000-06 -- 4.3 FDI Outflows to China: Estimation Results -- 4.4 Why MENA Countries Invest in China and India -- 4.5 Restrictions on Energy Investment in MENA -- 4.6 Main Activities of Foreign Subsidiaries in MENA -- 4.7 Motives for Chinese and Indian FDI -- 4.8 Labor Service Cooperation with China, 2003 and 2005 -- 4.9 Global Services Location Index, 2007 -- 5.1 Implications of Higher Growth in China and India for World Commodity Prices -- A.1 Selected Economic Indicators -- A.2 MENA's Trade, 2006 -- A.3 Total Energy Exports from MENA Countries to China and India, 1997-2006 -- A.4 MENA's Merchandise Imports from China and India, 2006 -- A.5 MENA's Merchandise Exports to China and India, 1995 and 2006 -- A.6 Exports Growth Regressions -- A.7 Revealed Comparative Advantage Regressions -- A.8 Share of Reexports in Total Exports -- A.9 Revealed Comparative Advantages in Labor-Abundant Countries, China, and India: Top Commodities, 2005 -- A.10 Top 20 Commodities with High Revealed Comparative Advantages in Labor-Abundant Countries, 1995 and 2005 -- A.11 Top 20 Commodities with High Revealed Comparative Advantages in Gulf Cooperation Council Countries, 1995 and 2005 -- A.12 Labor-Abundant Countries: Products with High Revealed Comparative Advantages and Associated Fastest-Growing Imports from China and India -- A.13 GCC Countries: Products with High Revealed Comparative Advantages and Associated Fastest-Growing Imports from China and India -- B.1 Constant Market Share Analysis of MENA Countries' Exports to the European Union, 1995-2006 -- B.2 Manufacturing trade by stage of production, 2006 (%) -- B.3 Average share of High Tech Products in Merchandise Trade by Production Stage, 2004-2006 (%).
B.4 Key Contributors to Export Growth and Decline at the Intensive Margin -- B.5 Key Contributors to Export Growth and Decline at the Extensive Margin -- C.1 Share of Apparel in Total Textile and Clothing Exports to the United States and the European Union, 2004 and 2007 -- C.2 Value of U.S. and EU Imports, 2004-07 -- C.3 Unit Price of Apparel Products in the United States, 2004-07 -- C.4 Price per Kilogram of Apparel Products in European Union, 2004-07 -- C.5 Changes in Volume and Unit Price of Two Selected Fashion Items, 2005-07 -- D.1 Bilateral Investment Treaties as of June 2007 -- D.2 Double Taxation Treaties as of June 2007 -- D.3 Regulatory Framework for FDI, 2007 -- D.4 Data Relative to the Attractiveness for FDI, 2007 -- E.1 Baseline Growth Rates, 2004 -- E.2 Effect of Improved Growth and Quality Exports in China and India Relative to Baseline, 2020 -- E.3 Change in Exports Attributable to High Growth in China and India Relative to Baseline -- E.4 Change in Output Attributable to High Growth in China and India Relative to Baseline -- E.5 Change in Exports Attributable to High Growth, Quality, and Variety Improvements in China and India Relative to Baseline -- E.6 Change in Output Attributable to High Growth, Quality, and Variety Improvement in China and India Relative to Baseline -- Bibliography -- Index.
Abstract:
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
productivity, trade, and investment in the region.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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