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Young Gazelles and Aging Turtles: Understanding the Determinants of Employment Creation in the Labor Market in MENA Countries
The Middle East region has suffered from major unemployment problems that constituted a chief determinant for the Arab Spring. Even during its best economic years, “jobless growth” was an issue.
This paper studies the impact of commodity terms of trade (CToT) volatility on economic growth (and its sources) in a sample of 69 commodity-dependent countries, and assesses the role of
Economic, Political and Cultural Proximity and Growth Propagation: A Network Model with Endogenous Proximity Matrix
The growth model at the Sala-i-Martin (1991 and 1992) fashion is revisited in order to take into account the interdependence of growth across countries based on the idea that outcomes
Renewable and Non-Renewable Electricity Consumption, Carbon Emissions and GDP: Evidence From Mediterranean Countries
The imperative to reduce Co2 emissions is stronger than ever. According to many studies, renewable energy (electricity) has one of the most significant cost-effective potentials for reducing energy-related greenhouse gas
Abstract This paper examines the economic transformation of Iran in a global context through the twentieth century. At the start of that century, the Iranian economy had long remained stagnant, poor, and largely
Abstract In this paper the author examines the forces that lead institutions to persist and change. He argues that the equilibrium institutions of society are the outcome of a political process which
Authoritarianism, Credibility of Reforms, and Private Sector Development in the Middle East and North Africa
Abstract This paper considers theoretically and empirically natural resources' effect on growth using a two sector-model (resource and non-resource). Governments tax the non-resource sector and choose institutional quality, which determines productivity in the
Abstract This paper examines the strategies of Middle Eastern and North African (MENA) countries concerning growth-enhancing institutions and policies. Long-term economic growth depends crucially upon the quality and robustness of a country's institutions.
Abstract Many Arab countries have been developing at a fast pace in the past 20 years and this is now seen as putting considerable pressure on the natural environment through population
Could New Growth Cross-Country Empirics Explain the Single Country Growth of Syria during 1965-2004?
Abstract The goal of this paper is to examine, whether the results of new growth cross-country empirics (Barro-type model) match the results of growth accounting exercise in Syria, during the period 1965-2004. To deal
Abstract This paper seeks to provide some theoretical and empirical answers to the following question: Does the institutional environment affect the causality relationship between banking development and economic growth? In the theoretical part, we
Abstract This paper presents a theoretical growth model that attempts to identify one of the mechanisms linking tourism and economic growth in the MENA region. In particular, it establishes the link between tourism
The dependence to natural resource is currently the object of a wide debate in the analysis of economic growth in rentier states. In this work, we examine the interaction effect
Using a new dataset on transparency across 177 countries from 1970 to 2010 and new data on oil values that is measured independently of countries’ reporting mechanisms, we examine whether