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Among possible measured taken by some countries to safeguard against the phenomenon globalization of globalization is leaning on regional integration.in concurrent with globalization offort the idea of regional integration has gained momentum in all continent. By utilizing their comparative atvantages in different areas, the Islamic countries can ward off against the ill impact of the globalization era and use these advantages to attract more foreign direct investment and hence achieve higher rates of economic growth
In this articale an effort is made to evaluate the impact of regional integration on
Boosting bilateral FDI among the member countries of MENA by using the Adjusted Gravity
Model for the period 1995-2000. the resuts indicate that regional integration omong the above countries has increased the level of bilateral FDI, s among them. This fact calles for further cooperation among the MENA1 member countries.
JEL CLASSIFICATION:019,p33,p25.