Financial development, governance and their impact on economic growth in MENA countries as a sample
Joint Authors
Sawwar, Yusuf
Lakhaar, Abd al-Malik
Source
Revue D’études Juridiques et économique
Issue
Vol. 5, Issue 1 (31 Jan. 2022), pp.782-802, 21 p.
Publisher
University Center Aflou Institute of Law and Political Science
Publication Date
2022-01-31
Country of Publication
Algeria
No. of Pages
21
Main Subjects
Banking and Financial Sciences
Topics
Abstract EN
This study aims at analyzing the effect of governance and financial development on growth in Middle East and North Africa countries as a sample namely: Egypt, Iran, Jordan, Lebanon, Morocco, Oman, Saudi Arabia and Tunisia.
it has been sufficed of these countries because the rest does not have stock markets; this study lasted from 1996 to 2017.
the study outcomes revealed a crucial importance of governance and financial development, thus, the governance has a significant and negative impact on economic growth in these countries due to the weakness of governance indicators implementation.
with regard to the financial development variables, stock markets had no incorporeal effect, as a result, these countries has failed in attracting funds from a foreign country.
however, a considerable and positive effect on growth is marked by the financial market, which played a leading role in financing development projects in these countries.
Abstract FRE
Cette étude vise à analyser l'effet de la gouvernance et du développement financier sur la croissance dans les pays du moyen-orient et d'Afrique du Nord en tant qu'échantillon à savoir: l'Egypte, l'Iran, la Jordanie, le Liban, le Maroc, Oman, l'Arabie Saoudite et la Tunisie.
on a suffi de ces pays parce que le reste n'a pas de marchés de bourses ; cette étude s'est étendue de 1996 jusqu’à 2017.
les résultats de l'étude ont révélé une importance cruciale de la gouvernance et du développement financier, ainsi, la gouvernance a un impact significatif et négatif sur la croissance économique dans ces pays en raison de la faiblesse de la mise en oeuvre des indicateurs de gouvernance.
en ce qui concerne les variables de développement financier, les marchés boursiers n'ont eu aucun effet incorporel, en conséquence, ces pays n'ont pas réussi à attirer des fonds étranger.
cependant, un effet considérable et positif sur la croissance est marqué par le marché financier, qui a joué un rôle de premier plan dans le financement des projets de développement dans ces pays.
American Psychological Association (APA)
Lakhaar, Abd al-Malik& Sawwar, Yusuf. 2022. Financial development, governance and their impact on economic growth in MENA countries as a sample. Revue D’études Juridiques et économique،Vol. 5, no. 1, pp.782-802.
https://search.emarefa.net/detail/BIM-1329863
Modern Language Association (MLA)
Lakhaar, Abd al-Malik& Sawwar, Yusuf. Financial development, governance and their impact on economic growth in MENA countries as a sample. Revue D’études Juridiques et économique Vol. 5, no. 1 (Jan. 2022), pp.782-802.
https://search.emarefa.net/detail/BIM-1329863
American Medical Association (AMA)
Lakhaar, Abd al-Malik& Sawwar, Yusuf. Financial development, governance and their impact on economic growth in MENA countries as a sample. Revue D’études Juridiques et économique. 2022. Vol. 5, no. 1, pp.782-802.
https://search.emarefa.net/detail/BIM-1329863
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references: p. 801-802
Record ID
BIM-1329863
