Comments on V. Nienhaus’s ‘Economic Development Through Regional Cooperation: A CDU of Islamic Countries
Paper presented to the International Seminar on Fiscal Policy Development and Planning in Islam, organised by I.I.I.E. at Islamabad in July 1986. Customs Drawback Union is not a just proposal. It lays the burden of adjustment on‘ the deficit country. The study assumes that all countries of the region would accept a common tariff, which is unrealistic. The benefits of the CDU are doubtful. For economists. Analytical. Undocumented.