IJTEF 2012 Vol.3(3): 223-226 ISSN: 2010-023X
—This paper addresses the intra-regional trade of
the countries of the Gulf Cooperation Council (GCC), namely,
the United Arab Emirates, Bahrain, Saudi Arabia, Oman,
Qatar and Kuwait. We have found that the intra-regional trade
is still at a modest level, where the trade intensity index showed
negative signals except the UAE, and Saudi Arabia. The study
concludes that the unified economic policy of the GCC countries
has not achieved its target in terms of increasing the level of
intra trade which implies a high reliance on oil export revenues.
—Economic growth, GCC, GDP, intensity trade.
A. S. A. Sahib is with Economics and Administration University of
Malaya, Kuala Lumpur (email: email@example.com).
Cite:Ahmed Saddam Abdul Sahib and Fatimah Kari, "Analysis of Intensity of Intra-Regional Trade in GCC Countries, 1998-2008," International Journal of Trade, Economics and Finance vol.3, no.3, pp. 223-226, 2012.