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…
Significant reductions in tariff and non-tariff barriers as well as advances in information technology over the last decades have allowed countries to expand their production process beyond national borders, reflecting the increasing relevance of…
1.Motivation: The increasing relevance of time as a trade barrier; 2.The relationship between time and Global Value Chains (capital intensive goods are more sensitive to time); 3.Can the TFA promote a new wave of fragmentation?; 4.How the TFA is…
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…
Trade facilitation has been in WTO agenda since 1996 and only in 2013 WTO Members were able to conclude an agreement to deal with that important issue to guarantee a freer international trade. From a marginal topic in the Doha Round negotiations,…