أثر تطبيق مبادئ الحوكمة الرشيدة على التطور المالي : دراسة قياسية لعينة من دول الشرق الأوسط و شمال افريقيا MENA باستعمال بيانات Panel

الملخص EN

The purpose of this research is to determine the impact of applying good governance principles on the financial development of a sample of MENA countries, specifically: Algeria, Tunisia, Morocco, Saudi Arabia, Egypt, and Turkey.

Between the years 1996 and 2019.

The static panel models were used to estimate the study model, which corresponds to the nature of the approved data, which is a mix of cross-sectional data and time series.

The obtained statistical results show a strong positive relationship between good Governance and Financial Development, as Governance promotes the development of the financial system, as well as a weaker positive relationship between Financial Development and Trade Openness.

Inflation, on theother hand, had a negative impact on Financial Development.

The Financial Development Index also responded positively, albeit weakly, to changes in GDP per capita growth.