•  
  •  
 

Abstract

The economic development of any nation is fundamentally measured by the industrial sector’s role within its economy and its contribution to the Gross Domestic Product (GDP). This significance stems from the sector's unique position as the primary arena for scientific and technological advancements, coupled with its extensive forward and backward linkages across other sectors. Industrial growth positively influences various economic domains, fulfills domestic demand, facilitates the export of surpluses, and plays a vital role in increasing employment, generating income, and improving living standards. As the engine of economic growth and the driver of development mechanisms, industry has been the cornerstone of prosperity for advanced nations, enabling their global economic dominance. Consequently, while developed countries have prioritized this sector, it is even more imperative for Arab nations to view industry as a potent tool for structural economic transformation and accelerated development. However, Arab industry currently faces critical challenges and obstacles that hinder its growth, raising concerns about its ability to interact with contemporary global economic shifts and overcome the contradictions impeding regional industrial cooperation. This study seeks to analyze the impact of these global changes on the future of Arab industry, specifically focusing on the manufacturing sector while excluding the extractive industry—where oil remains the primary export—due to its distinct status outside World Trade Organization (WTO) agreements. This research is particularly significant given the multifaceted challenges facing the Arab industrial sector, ranging from international pressures to local and regional constraints that collectively shape its future trajectory.

DOI

10.33095/jeas.v16i58.1488

Subject Area

Economics

First Page

123

Last Page

140

Rights

http://creativecommons.org/licenses/by-nc-nd/4.0

Download

Share

COinS