REGIONAL ECONOMIC CO-OPERATION IN THE MIDDLE EAST

Abstract

The second half of the twentieth century represents an age of integration. For the last fifty years, countries in almost all parts of the globe have been attempting to combine their separate national economies into larger economic regions and to engage in economic activities under various forms of integration. All nations in Latin and North America, the Caribbean, Africa, Pacific, South East Asia and almost all European countries are members of an integrated organisation. Although countries such as Japan, China and India have for a long time seemed unaffected by the mood of integration, the recent attempts of APEC have included Japan and China in a new regional economic cooperation organisation since 1989.

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