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 EAEU came into force on January 1, 2015. In comparison with previously existing Customs Union of Russian Federation, Republic of Belarus and Republic of Kazakhstan it also encompasses Republic Armenia. Kyrgyzstan is expected to join the club in…
Economic crisis of 2008-2009 promoted awareness of the necessity to transform in particular the contemporary international trading system. With respect to trade policies the proposals aiming at achieving of more sustainable and efficient…
For the overwhelming majority of intergovernmental economic organizations (IEOs) the latest economic crisis has provided substantial additional incentive to adjust their performance to the whole set of challenges facing global community during first…
The article was publsihed in the Baltic Rim Economies. Quarterly Review. 28 Febuary 2011
The paper was written within a framework of the WCP