Econometric study on the impact of the integration of the oil producing countries in the multilateral trading system (case of Saudi Arabia) "With reference to the Algerian economy

Abstract

This paper aimed to identify the reality of the experience of Saudi Arabia in trade liberalization through the multilateral trading system, by measuring the impact of trade openness on economic growth rates and FDI flows during 1980-2013. To achieve this objective we used the cointegration method test to reveal t long-term relationship between the trade openness and the above-mentioned economic variables. In addition, this research aims to come up with lessons to the Algerian economy as oil country on the outskirts of accession to the multilateral trading system.