European Parliament Library

Growth in the Middle East and North Africa, Dalia Hakura

Abstract
This paper analyzes the weak growth performance in the Middle East and North Africa (MENA) region during 1980-2000 using an empirical model of long-run growth. The relative importance of the factors affecting growth is shown to vary across 16 MENA countries. In GCC countries, where oil revenues are significant, large governments appear to have been a key factor stifling private-sector growth and impeding diversification. In other MENA countries poor institutional quality has held back growth. Political instability is also shown to have played a role. While the MENA region's growth differential with east Asia is explained well in the 1980s, this is less so in the 1990s
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. A COMPARISON ACROSS REGIONS OF GROWTH AND GROWTH DETERMINANTS""; ""III. AN EMPIRICAL ANALYSIS OF MENA�S GROWTH PERFORMANCE""; ""IV. RESULTS FROM GROWTH ACCOUNTING""; ""V. CONCLUSIONS AND POLICY IMPLICATIONS""; ""Data Appendix""; ""References""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (37 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781281602589

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