The new economy ... ... challenging traditional economic fundamentals

Article Abstract:

Issues concerning the development of the Internet and electronic commerce and its effect on the economy are discussed. A comparison of the old style and the new type of economies is included.

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Globalization and the Arab world: choosing prosperity or poverty

Article Abstract:

Economic prosperity brought about by globalization remains elusive to Arab countries due to continued existence of conflict and instability in the region. The economies of Arab countries face several problems, such as budget, current account deficits and high unemployment rate. Achievement of prosperity, however, remains possible if Arab countries implement changes, such as global integration and structural economic reforms.

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1999 Developments likely to have positive effect on growth in 2000 in most countries of the region

Article Abstract:

It is hoped peace talks in the Middle East will lead to an increase in foreign investment and tourism. Less would also be spent on arms which should strengthen the domestic economies in the region.

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