1 e wipo escwa ip bey 03 3 original english date april 2003 elebaneserepublic unitednationseconomic andsocialcommissionfor westernasia worldintellectual propertyorganization escwaarabregi onalconferenceonr ecent developmentsinthe fieldofintellectua lproperty organizedby theworldintellectualpropertyorganization and theunitednationseconomicandsocialcommissionforwesternasia incooperationwith theministryofeconomyandtrade beirut may 5and 6 economicconsequencesofsoftwarepiracy lecturepreparedbymr charbel fakhoury generalmanager microsoft easternmediterraneanregion 2 general manager eastern mediterranean the economic consequences of software piracy lebanon 5 importance reducing intellectual property contributed more than us trillion to global commerce in 1998 economist world september 4 international data corporation study idc has conducted a measure contribution packaged industry economies africa middle east year results illustrate clearly that reduction clear gains including greater fiscal contributions employment opportunities & source latin america 7 europe 8 asia pacific 9 countries already experiencing benefits egypt reduced its rate by 30 percent since 1996 allowing sector