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Prospects and Challenges of Free Trade Agreements - Unlocking Business Opportunities in Gulf Co-Operation Council (GCC) Markets
von: D. Chadee, B. Roxas, T. Rogmans
Palgrave Pivot, 2014
ISBN: 9781137479884 , 152 Seiten
Format: PDF, OL
Kopierschutz: Wasserzeichen
Preis: 53,49 EUR
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Prospects and Challenges of Free Trade Agreements - Unlocking Business Opportunities in Gulf Co-Operation Council (GCC) Markets
Cover
1
Half-Title
2
Title
4
Copyright
5
Contents
6
List of Figures
9
List of Tables
10
Preface
12
Acknowledgements
16
Countries of the Gulf Cooperation Council
18
1 Background and Context of the Study
20
1.1 Background of study
21
1.2 Context of the study
25
1.3 Objectives and structure of the study
26
2 The Political Economy of Free Trade
28
2.1 The economics of free trade
29
2.2 Instruments of trade policy
32
2.3 Assessing the benefits of free trade: an economic framework
36
2.4 Effects of tariffs and quotas
38
2.4.1 Effects of an import tariff
39
2.4.2 Effects of an import quota
41
2.5 Recent trends in tariff barriers
43
2.6 Why do governments intervene in trade and investment?
47
2.7 An institutional perspective of FTAS
48
2.7.1 Institutions and FTAs
49
2.8 Summary and conclusion
51
3 GCC Market Scope and Competitiveness
53
3.1 GCC market profile
54
3.2 International competitiveness of GCC states
59
3.3 Most common problems encountered when doing business in GCC states
63
3.4 Ease of doing business in GCC states: institutional factors
64
3.5 Ease of doing business in GCC states: cultural considerations
68
3.6 Summary
72
4 GCC–Australian Trade and Investment Trends and Patterns
74
4.1 Australian–GCC merchandise trade
75
4.2 Australian merchandise exports to GCC
76
4.3 Australian merchandise imports from GCC
77
4.4 Composition of Australian merchandise trade with GCC
78
4.5 Trade in services
80
4.6 Australian–GCC investment patterns
84
4.7 Summary
85
5 Challenges and Opportunities for Australian Businesses in GCC
87
5.1 Identifying trade barriers: a framework
88
5.2 The business survey
89
5.3 Sample characteristics
90
5.3.1 Ownership and location
92
5.3.2 International business scope of sample firms
93
5.3.3 Australian business activities in the GCC region
94
5.3.4 Revenues derived from GCC markets
95
5.4 Main barriers faced by Australian businesses in GCC states
96
5.5 Awareness and support for the proposed Australia–GCC FTA
99
5.6 Assessing the potential impacts of an Australia–GCC FTA
101
5.7 Organisational capability and preparedness to take advantage of FTA
102
5.8 Australian business expansion and growth under FTA
104
5.8.1 Proclivity to expand business in GCC following an FTA
104
5.8.2 Growth in export revenues and employment
107
5.9 Summary
110
6 Australia–GCC FTA: International Business Prospects and Limitations
112
6.1 Challenges facing the GCC
113
6.2 FTA as an internationalisation Strategy
114
6.3 Main challenges facing Australian businesses in GCC
116
6.4 Business expansion, revenue and employment effects
119
6.5 Emerging business opportunities in GCC: growth sectors
121
6.5.1 Travel and tourism
122
6.5.3 Education and health
124
6.5.4 Construction and infrastructure
125
6.6 Unlocking business opportunities in growth sectors
126
6.6.1 Managerial recommendations
126
6.6.2 Policy recommendations
128
6.7 Doing business in GCC – some practical advice
129
6.8 The importance of developing strong institutional intelligence
131
6.9 Contributions of the study
137
6.10 Summary
139
Appendix: Additional Resources on Australia’s FTAs
141
Bibliography
143
Index
148
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