ECONOMIC INTEGRATION Hidden Bounty for the Muslim World

The article examines theoretical benefits and potentials of the formation of economic integration among the Muslim World. The degree of economic integration has often been used as a gauge of the success of economic moderate and structural adjustment policies. The Muslim World, as it stands today, is characterized by paradoxes and contradictions. Formation of economic integration among Muslim countries assumes to enhance their domestic productivity and efficacy in the international forums on global issues. It will also protect them from the external economic exploitation. In this regard, economic integration at the stage of common market is need of the hour among the Muslim countries. The efficacious economic integration among the Muslim countries considering the bounty for the Muslim World could also be valuable for the rest of the world through the generation of dynamic effects.